WAC 131-36-300   Investment of fund principal.  (1) Moneys in the fund not committed to long-term loans may be invested by each college.

     (2) Colleges shall comply with all laws or regulations regarding the investment of state funds.

     (3) Interest earned through such investments shall be credited to the fund.



[Statutory Authority: Chapter 28B.50 RCW. 98-15-012, § 131-36-300, filed 7/2/98, effective 8/2/98. Statutory Authority: 1981 c 257. 81-19-113 (Order 90, Resolution 81-66), § 131-36-300, filed 9/23/81.]