Wash. Admin. Code § 390-05-510 - Definition-General treasury funds
"General treasury funds," as used in the act and in these rules, 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.
Notes
Statutory Authority: RCW 42.17.370 and 42.17.562. 06-11-132, § 390-05-510, filed 5/23/06, effective 6/23/06.
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