If you were to create AccountListLoadingView() with no parameters then StateObject would construct and use its default value when the body is referenced.

But you can also instantiate the view passing in the parameter instead. In which case AccountListLoadingView will take the value passed into its synthesized initializer and create the StateObject using the passed value as its default value.

The following SO page might shed some more light on the process,

https://stackoverflow.com/questions/62635914/initialize-stateobject-with-a-parameter-in-swiftui