Exemption from reserve fund—Motor vehicle fund income from United States securities.

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Whenever moneys of the motor vehicle fund shall be invested in bonds, notes, bills or certificates of the United States treasury payable at par upon demand, or within a term not greater than one year, it shall not be necessary to place any portion of the income therefrom in the reserve fund provided for in *RCW 43.84.090.

[ 1965 c 8 § 43.84.095. Prior: 1953 c 56 § 1.]

NOTES:

*Reviser's note: RCW 43.84.090 was repealed by 1991 sp.s. c 13 § 122, effective July 1, 1991.


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