§ 28A.525.260. Disposition of proceeds from sale of bonds and notes -- Use
Except for that portion of the proceeds required to pay bond anticipation notes, the proceeds from the sale of the bonds and bond anticipation notes authorized by RCW 28A.525.230 through 28A.525.300, and any interest earned on the proceeds, together with all grants, donations, transferred funds, and all other moneys which the state finance committee may direct the state treasurer to deposit therein, shall be deposited in the common school construction fund and shall be used exclusively for the purposes of carrying out RCW 28A.525.230 through 28A.525.300, and for payment of the expense incurred in the printing, issuance and sale of the bonds.
[1990 c 33 § 473; 1980 c 141 § 4. Formerly RCW 28A.47B.040.]
Sections: Previous 28A.525.212 28A.525.214 28A.525.216 28A.525.218 28A.525.220 28A.525.222 28A.525.230 28A.525.240 28A.525.250 28A.525.260 28A.525.270 28A.525.280 28A.525.290 28A.525.300 28A.525.310 NextLast modified: April 7, 2009