Revised Code of Washington - RCW Title 35 Cities And Towns - Chapter 35.48 Local Improvements -- Nonguaranteed Bonds

• 35.48.010 Special revolving fund for delinquent nonguaranteed bonds and warrants -- Composition
  If any city or town has issued bonds or warrants payable from a local improvement or condemnation award fund, to which the local improvement guaranty ...
• 35.48.020 Use of revolving fund -- Maximum bond price
  Any moneys in such revolving fund may be used for the purchase of unpaid delinquent local improvement warrants, or bonds and interest payments, or bonds ...
• 35.48.030 Subrogation -- Refund of surplus
  The purchase of any such bonds or warrants shall not relieve the local improvement or condemnation award fund from which the same are payable from ...
• 35.48.040 Refund to revolving fund
  If there are funds in any local improvement district fund or condemnation award fund sufficient to pay or retire any bond or warrant issued and ...
• 35.48.050 Purchase of warrants on previous funds -- Transfer of assets to revolving fund -- Disposition
  Whenever a city or town has heretofore by ordinance created a fund for use in purchasing delinquent local improvement or condemnation award bonds or warrants ...
• 35.48.060 Procedure governed by ordinance
  All actions of a city or town respecting the purchase of bonds and warrants or sales of bonds, warrants or assets of the revolving fund ...

Last modified: April 7, 2009