Fund 801 - Opportunity Scholarship Cust Acct
State Investment Board - 1260
3 - Local Fund
SAAM Budget Type:
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.
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.
Opportunity Scholarship Cust Acct
HD - Custodial Funds
KA - Other Custodial Funds
Closing GL Code:
9584 - Restricted for Custodial