WAC 308-50B-050:

WACs > Title 308 > Chapter 308-50B > Section 308-50B-050

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308-50B-040 << 308-50B-050 >> 308-50B-060

PDFWAC 308-50B-050

Fees and taxes.

(1) In the event that the fees paid by the endowment care fund exceed one percent of the average fair market value, the amount in excess of one percent shall be paid from the distribution.

(2) Taxes may be paid from the corpus.

[Statutory Authority: RCW 68.05.105 and 18.39.175. WSR 20-09-031, § 308-50B-050, filed 4/6/20, effective 5/7/20.]