(1) The personal funds of a candidate include:
- (a) Assets which the candidate has legal access to or control over, and which he or she has legal title to or an equitable interest in, at the time of candidacy;
- (b) Income from employment;
- (c) Dividends and proceeds from stocks and other investments;
- (d) Income from trusts, if established before candidacy;
- (e) Income from trusts established from bequests, even if established after candidacy;
- (f) Personal gifts, if customarily received; and
- (g) Proceeds from lotteries and similar games of chance.
- (2) A candidate may also use, as personal funds, his or her portion of assets owned jointly with a spouse or domestic partner. If the candidate's financial interest is not specified, then the candidate's share is deemed to be half the value of the asset.
- (3) If any person gives or loans the candidate funds in connection with their campaign, the funds are not considered personal funds of the candidate. Such funds are considered a contribution under Title 29B RCW unless the loan meets the exemption provided in RCW 29B.40.170(3).
[Statutory Authority: RCW 42.17A.110 and 2024 c 164. WSR 26-01-209, s 390-17-305, filed 12/24/25, effective 1/1/26. Statutory Authority: RCW 42.17A.110(1) and 2018 c 304. WSR 18-24-074, § 390-17-305, filed 11/30/18, effective 12/31/18. Statutory Authority: RCW 42.17A.110. WSR 12-03-002, § 390-17-305, filed 1/4/12, effective 2/4/12. Statutory Authority: RCW 42.17.370 and 2008 c 6 § 1303. WSR 09-01-063, § 390-17-305, filed 12/11/08, effective 1/11/09. Statutory Authority: RCW 42.17.370. WSR 93-16-064, § 390-17-305, filed 7/30/93, effective 8/30/93.]