WSR 98-08-016

ATTORNEY GENERAL OPINION

Cite as: AGO 1998 No. 5[March 3, 1998]



state treasurer - initiative no. 601 - funds



The State Treasurer is not authorized to withdraw monies previously deposited in the emergency reserve fund or in the education construction fund pursuant to Initiative 601 (RCW 43.135.045); however, the Treasurer may take into account possible changes in circumstances in deciding how much to transfer quarterly into either of these two funds.

The Honorable Michael J. Murphy

State Treasurer

Legislative Building

P.O. Box 40200

Olympia, Washington 98504-0200

Legislature Code Reviser 

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Washington State Code Reviser's Office