2012 Revised Code of Washington
Title 43 - STATE GOVERNMENT — EXECUTIVE
43.99W Financing for appropriations -- 2007-2009 and 2009-2011 biennia.
43.99W.040 Pledge and promise -- Remedies.


WA Rev Code § 43.99W.040 (2012) What's This?

RCW 43.99W.040 Pledge and promise — Remedies.

(1) Bonds issued under RCW 43.99W.010 through 43.99W.030 shall state that they are a general obligation of the state of Washington, shall pledge the full faith and credit of the state to the payment of the principal thereof and the interest thereon, and shall contain an unconditional promise to pay the principal and interest as the same shall become due.

     (2) The owner and holder of each of the bonds or the trustee for the owner and holder of any of the bonds may by mandamus or other appropriate proceeding require the transfer and payment of funds as directed in this section.

[2009 c 498 § 4.]


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