§ 70A.345.010 Intent
§ 70A.345.020 Definitions
§ 70A.345.030 Program established — Purpose — Maximum amount of loans and grants
§ 70A.345.040 Use of funds — Restrictions
§ 70A.345.050 Program administration — Loan origination fees
§ 70A.345.060 Remedial actions — Release or threatened release of hazardous substance
§ 70A.345.070 Lien for cost of remedial action — Procedure — Notice
§ 70A.345.080 Pollution liability insurance agency underground storage tank revolving account
§ 70A.345.090 Report on agency activities
§ 70A.345.100 Adoption of rules — Memorandum of agreement — Interpretative guidance
§ 70A.345.110 Civil liability of state
§ 70A.345.120 Applicability of chapter — Authority of the department of ecology
§ 70A.345.130 Pollution liability insurance program trust account — Transfers to revolving account
§ 70A.345.900 Expiration date — Savings clause — Reversion of revolving account funds

Terms Used In Washington Code > Chapter 70A.345 - Underground storage tank revolving loan and grant program

  • Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Bankruptcy: Refers to statutes and judicial proceedings involving persons or businesses that cannot pay their debts and seek the assistance of the court in getting a fresh start. Under the protection of the bankruptcy court, debtors may discharge their debts, perhaps by paying a portion of each debt. Bankruptcy judges preside over these proceedings.
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
  • Foreclosure: A legal process in which property that is collateral or security for a loan may be sold to help repay the loan when the loan is in default. Source: OCC
  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • person: may be construed to include the United States, this state, or any state or territory, or any public or private corporation or limited liability company, as well as an individual. See Washington Code 1.16.080
  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
  • Trust account: A general term that covers all types of accounts in a trust department, such as estates, guardianships, and agencies. Source: OCC