2015 Revised Code of Washington
Title 35 - CITIES AND TOWNS
35.92 Municipal utilities.
35.92.120 Funding or refunding bonds—Bonds not general obligation.

WA Rev Code § 35.92.120 (2015) What's This?

RCW 35.92.120 Funding or refunding bonds—Bonds not general obligation.

Such funding or refunding bonds shall not be a general indebtedness of the city or town, but shall be payable solely from a special fund created therefor by ordinance. Each bond shall state upon its face that it is payable from a special fund, naming the fund and the ordinance creating it.

[1965 c 7 § 35.92.120. Prior: 1935 c 81 § 2; RRS § 9492-2. Formerly RCW 80.40.120.]

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