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Title 07
Chapter 07.08
Section 07.08.900
 

Title 07 Finance

Chapter 07.08 Funds

Article VII. Fiduciary Funds

Section 07.08.900 Library Memorials Trust Fund

  1. There is established a nonexpendable trust fund, the “library memorials trust fund”, to account for such donations to the Spokane public library as are restricted by the terms of the trust so that only earnings may be spent, while the corpus cannot be invaded.
     
  2. The accounts within the library memorials trust fund will be disbursed according to the terms and conditions of the respective source trusts.

Date Passed: Monday, May 7, 2007

Effective Date: Wednesday, June 20, 2007

Recodification ORD C34024 Section 1