The Trustees shall ensure the preparation and submission of accurate and timely annual financial reports to the state risk manager within one hundred and fifty days of the end of the fiscal year.
Reference:
200
Financial Policy
Legal Reference:
WAC 82-65-090
Proposed: December 2010
Approved:
Procedure No. 200.4P
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FINANCE
Interfund Loans
Interfund loans from assets held against liabilities for unpaid claims and claim adjustment expenses are not permitted except for those amounts which are clearly inactive or in excess of Trust reserve and contingency reserve requirements.