43.41.290 - Risk management -- Definitions applicable to RCW 43.19.19361 and 43.19.19362.

Risk management — Definitions applicable to *RCW 43.19.19361 and 43.19.19362.

As used in *RCW 43.19.19361 and 43.19.19362:

     (1) "State agency" includes any state office, agency, commission, department, or institution, including colleges, universities, and community colleges, financed in whole or part from funds appropriated by the legislature; and

     (2) "Risk management" means the total effort and continuous step by step process of risk identification, measurement, minimization, assumption, transfer, and loss adjustment which is aimed at protecting assets and revenues against accidental loss.

[1977 ex.s. c 270 § 3. Formerly RCW 43.19.19363.]

Notes: *Reviser's note: RCW 43.19.19361 and 43.19.19362 were recodified as RCW 43.41.280 and 43.41.300, respectively, pursuant to 2002 c 332 § 25, effective July 1, 2002.

Intent -- 2002 c 332: See note following RCW 43.41.280.

Construction -- 1977 ex.s. c 270: See RCW 43.41.901.