"General treasury funds" means a collective designation of all of the assets of an organization which furnish the means for defraying the necessary, usual, ordinary running and incidental expenses of an organization. General treasury funds are typically not derived from a special solicitation, effort, or receipt, but derive from regular, planned for, and ongoing revenue streams or sources.
[Statutory Authority: RCW 42.17.370
. WSR 06-11-132, § 390-05-510, filed 5/23/06, effective 6/23/06.]