| Authority: |
RCW 43.88.195 |
| Admin Agency: |
State Investment Board - 1260 |
| Cash Type: |
3 - Local Fund |
| SAAM Budget Type: |
Nonappropriated/Nonallotted (N) |
| Earnings from Investments are: |
Credited to the appropriate fund as directed by the Legislature and/or the administering agency of the fund. RCW’s 43.79A.040 and 43.84.092 do not apply. |
| Description: |
For SIB to invest, reinvest, manage, contract, sell or exchange investment money on behalf of the WSOS (Washington State Opportunity Scholarship). |
| Sources of Revenue: |
Deposits to this account are recorded as miscellaneous revenue and investment income; however, these funds are not considered funds of the state as they are held in trust until distributed. |
| Clientele: |
Scholarship recipients |
| Effective Date: |
06/05/2014 |
| Account Code: |
801 |
| Account Title: |
Opportunity Scholarship Cust Acct |
| Fund Type: |
HD - Custodial Funds |
| Rollup Fund: |
KA - Other Custodial Funds |
| Closing GL Code: |
9584 - Restricted for Custodial |
