2012 Revised Code of Washington
Title 79 - PUBLIC LANDS
79.17 Land transfers.
79.17.210 Real property asset base -- Natural resources real property replacement account.
RCW 79.17.210 Real property asset base — Natural resources real property replacement account.
(1) The legislature finds that the department has a need to maintain the real property asset base it manages and needs an accounting mechanism to complete transactions without reducing the real property asset base.
(2) The natural resources real property replacement account is created in the state treasury. This account shall consist of funds transferred or paid for the disposal or transfer of real property by the department under RCW 79.17.200 and the transfer of state lands or state forest lands into community forest trust lands under RCW 79.155.040. The funds in this account shall be used solely for the acquisition of replacement real property and may be spent only when, and as, authorized by legislative appropriation.
[2011 c 216 § 13; 2003 c 334 § 118; 1992 c 167 § 1. Formerly RCW 43.30.265.]
Notes:
| Intent -- 2003 c 334: See note following RCW 79.02.010.
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