§ 43.99G.126. Pledge and promise -- Remedies of bondholders
(1) Bonds issued under RCW 43.99G.120 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.
[2002 c 240 § 4.]
Sections: Previous 43.99G.104 43.99G.108 43.99G.112 43.99G.114 43.99G.120 43.99G.122 43.99G.124 43.99G.126 43.99G.128 43.99G.130 43.99G.150 43.99G.152 43.99G.154 43.99G.156 43.99G.158 NextLast modified: April 7, 2009