Title 07 Finance
Chapter 07.08 Funds
Article VII. Fiduciary Funds
Section 07.08.900 Library Memorials Trust Fund
- 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.
- 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