Fund 775 - Seized Contraband Account
Authority:
RCW 43.88.195
Admin Agency:
Liquor and Cannabis Board - 1950
Cash Type:
3 - Local Fund
SAAM Budget Type:
Nonappropriated/Nonallotted (N)
Earnings from Investments are:
Credited to the appropriate fund as directed by the Legislature and/or the administering agency of the fund. RCW’s 43.79A.040 and 43.84.092 do not apply.
Description:
This account is used solely for depositing the proceeds of the sale of seized contraband tobacco products when ordered by the courts to deposit such moneys in an interest bearing account while awaiting final court ordered distribution of these proceeds.
Sources of Revenue:
Deposits to this account are recorded as miscellaneous revenue; however, these funds are not considered funds of the state as they are held in trust until distributed.
Clientele:
Department of Revenue, courts, law enforcement
Effective Date:
Inactive Date:
Public Notes:
ACFR Information
Account Code:
775
Account Title:
Seized Contraband Account
Fund Type:
HD - Custodial Funds
Rollup Fund:
KA - Other Custodial Funds
Closing GL Code:
9584 - Restricted for Custodial
