Grants may be diverted for the start-up or retention of worker-owned businesses if:
(1) A feasibility study or business plan is completed on the proposed business; and
(2) The project is approved by the loan committee of the *Washington state development loan fund as created by RCW 43.168.110.
[ 1986 c 172 s 5. Formerly RCW 50.63.050.]
Notes:
*Reviser's note: The "Washington state development loan fund" was renamed the "rural Washington loan fund" pursuant to 1999 c 164 s 504.