WAC 365-220-180:

WACs > Title 365 > Chapter 365-220 > Section 365-220-180

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365-220-175 << 365-220-180 >> 365-220-185

PDFWAC 365-220-180

In what proportion are state matching funds spent?

State matching money will only be disbursed from an individual trust account after that individual trust account has vested. For every disbursement made from an individual trust account that has vested, the amount of state matching money disbursed will be equal to the percentage of the overall balance of the individual trust account which is represented by the state matching money (plus the earnings on the state matching money) multiplied by the amount of the disbursement.

[Statutory Authority: RCW 43.330.430 through 43.330.437. WSR 19-07-034, § 365-220-180, filed 3/13/19, effective 4/13/19. Statutory Authority: RCW 43.330.240. WSR 02-07-026, § 365-220-180, filed 3/12/02, effective 4/12/02.]