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