Revised Code of Washington - RCW Title 35 Cities And Towns - Section 35.54.070 Use of fund -- Purchase of bonds, coupons and warrants

§ 35.54.070. Use of fund -- Purchase of bonds, coupons and warrants

Defaulted bonds, interest coupons and warrants against local improvement funds shall be purchased out of the guaranty fund, and as between the several issues of bonds, coupons, or warrants no preference shall exist, but they shall be purchased in the order of their presentation.

[1965 c 7 § 35.54.070. Prior: 1933 c 109 § 1, part; 1927 c 209 § 3, part; 1925 ex.s. c 183 § 3, part; 1923 c 141 § 3, part; RRS § 9351-3, part.]

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Last modified: April 7, 2009