The fresh Washington State Legislature found that fraction and you can people owned people was historically refuted entry to money and therefore diminished money is an option burden to your growth of minority and you can ladies had businesses. In reaction, our elected representatives introduced the latest 1993 Minority and you will Lady Owned Team Guidelines Act, and this developed the Linked Deposit System (LDP). The newest laws sends work of your own State Treasurer, and the Work environment off Minority and Ladies Business enterprises to perform a program that hyperlinks the brand new deposit out of condition money so you’re able to financing from using loan providers so you’re able to qualified fraction and lady-owned people.