RCW 74.25A.040: Diversion of grants to worker-owned businesses.

RCWs > Title 74 > Chapter 74.25A > Section 74.25A.040

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74.25A.030 << 74.25A.040 >> 74.25A.045

PDFRCW 74.25A.040

Diversion of grants to worker-owned businesses.

Grants may be diverted for the start-up or retention of worker-owned businesses if:

(1) A feasibility study or business plan is completed on the proposed business; and

(2) The project is approved by the loan committee of the *Washington state development loan fund as created by RCW 43.168.110.

[ 1986 c 172 § 5. Formerly RCW 50.63.050.]

NOTES:

*Reviser's note: The "Washington state development loan fund" was renamed the "rural Washington loan fund" pursuant to 1999 c 164 § 504.