Section 210-10-030. State treasurer's liability.  


Latest version.
  • The state treasurer shall not be liable for:
    (1) Any loss, including loss of capital, resulting from investments in the pool and/or any subpool, as applicable, except as provided for in RCW 43.250.040;
    (2) Any damages resulting from misfeasance, malfeasance, nonfeasance, or defalcation on the part of a government finance official, financial officer, or pool participant;
    (3) Any loss, including loss of capital, that results from a pool participant's failure to comply with the provisions of the Washington Administrative Code or the prospectus; or
    (4) Any loss, including loss of capital, resulting from a pool participant seeking, and being granted, a withdrawal due to necessity, from the extended asset fund.
    [Statutory Authority: RCW 43.250.060. WSR 13-03-043, § 210-10-030, filed 1/9/13, effective 2/9/13.]
RCW 43.250.060. WSR 13-03-043, § 210-10-030, filed 1/9/13, effective 2/9/13.