Washington Administrative Code
Title 208 - Financial Institutions, Department of (See also Titles 50, 419, and 460)
Chapter 208-700 - Processing applications for grants from the mortgage lending fraud prosecution account
DEFINITIONS
Section 208-700-040 - Disbursement limitation
Universal Citation: WA Admin Code 208-700-040
Current through Register Vol. 24-18, September 15, 2024
The director is not required to disburse any funds unless the mortgage lending fraud prosecution account contains sufficient funds to cover planned disbursements under an agreement, memorandum of understanding or approved application. At no time shall the director or the department be required to make disbursements from the department's own operating funds.
Statutory Authority: RCW 43.320.040, 36.22.181. 04-02-008, § 208-700-040, filed 12/29/03, effective 1/29/04.
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