RCW 68.44.020: Use and care of funds.

RCWs > Title 68 > Chapter 68.44 > Section 68.44.020

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68.44.010 << 68.44.020 >> 68.44.030

PDFRCW 68.44.020

Use and care of funds.

Endowment care funds shall not be used for any purpose other than to provide, through income only, for the endowment care stipulated in the instrument by which the fund was established. Endowment care funds shall be kept separate and distinct from all assets of the cemetery authority. Endowment care principal shall remain inviolable and may not be reduced in any way not found within RCW 11.100.020.

[ 2005 c 365 § 114; 1987 c 331 § 42; 1953 c 290 § 12. Prior: (i) 1943 c 247 § 106; Rem. Supp. 1943 § 3778-106. (ii) 1943 c 247 § 126; Rem. Supp. 1943 § 3778-126.]