2005 Washington Revised Code RCW 87.22.145: Exchange of bonds.
Refunding bonds provided for under this chapter may be exchanged for any or all of the bonds to be refunded on such basis as may be agreed upon between the board of directors of the district and the bond owners: PROVIDED, That said refunding bonds shall not be issued in a greater sum than the total aggregate face value of the bonds to be refunded.
[1983 c 167 § 231; 1929 c 120 § 19; RRS § 7530-19. Formerly RCW
87.22.140, part.]
| Liberal construction -- Severability -- 1983 c 167: See RCW
39.46.010 and note following.
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