Washington Statutes

§ 43.31.508 — Child care facility fund committee—Loans to child care facilities.

Washington § 43.31.508
JurisdictionWashington
Title 43STATE GOVERNMENT—EXECUTIVE
Ch. 43.31DEPARTMENT OF COMMERCE

This text of Washington § 43.31.508 (Child care facility fund committee—Loans to child care facilities.) is published on Counsel Stack Legal Research, covering Washington primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Wash. Rev. Code § 43.31.508 (2026).

Text

The child care facility fund committee is authorized, upon application, to use the child care facility fund to guarantee loans made to persons, businesses, or organizations to start a licensed child care facility, or to make capital improvements in an existing licensed child care facility.

(1)Loan guarantees shall be awarded on a one-time only basis, and shall not be awarded for loans to cover operating expenses beyond the first three months of business.
(2)The total aggregate amount of the loan guarantee awarded to any applicant may not exceed twenty-five thousand dollars and may not exceed eighty percent of the loan.
(3)The total aggregate amount of guarantee from the child care facility fund, with respect to the guaranteed portions of loans, may not exceed at any time an amount eq

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Related

§ 43.31.502
Washington § 43.31.502

Legislative History

[1989 c 430 s 6.]

Nearby Sections

15
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Bluebook (online)
Washington § 43.31.508, Counsel Stack Legal Research, https://law.counselstack.com/statute/wa/43.31.508.