| Authority: |
RCW 51.44.023 |
| Admin Agency: |
Department of Labor and Industries - 2350 |
| Cash Type: |
2 - Treasury Trust Fund |
| SAAM Budget Type: |
Nonappropriated/Nonallotted (N) |
| Earnings from Investments are: |
Retained by this fund under RCW 43.79A.040(4)(b). |
| Description: |
To establish a rainy day fund. These monies may be transferred to the accident fund or the medical aid fund upon finding that the transfer is necessary to reduce a rate increase or aid businesses in recovering from or during economic recessions. |
| Sources of Revenue: |
Transfers from the accident and medical aid funds. |
| Clientele: |
Businesses. |
| Effective Date: |
06/15/2011 |
| Account Code: |
446 |
| Account Title: |
Industrial Insurance Rainy Day Fund Acct |
| Fund Type: |
FA - Enterprise Funds |
| Rollup Fund: |
FB - Workers' Compensation Fund |
| Closing GL Code: |
9400 - Accumulated Earnings(Loss) |
