§ 35.92.130. Funding or refunding bonds -- Single issue may refund multiple series
At the option of the legislative authority of the city or town various series and issues of outstanding warrants or bonds, or parts thereof, issued for the purpose of acquiring or constructing any public utility, or for making any additions or betterments thereto or extensions thereof, may be funded or refunded by a single issue of funding or refunding bonds. No proportion or part of the revenue of any one such public utility shall be pledged for the payment of funding or refunding bonds issued to fund or refund warrants or bonds issued for the acquisition or construction, or the making of additions or betterments to or extensions of, any other public utility.
[1965 c 7 § 35.92.130. Prior: 1935 c 81 § 3; RRS § 9492-3. Formerly RCW 80.40.130.]
Sections: Previous 35.92.075 35.92.080 35.92.090 35.92.100 35.92.105 35.92.110 35.92.120 35.92.130 35.92.140 35.92.150 35.92.160 35.92.170 35.92.180 35.92.190 35.92.200 NextLast modified: April 7, 2009