§ 85.38.250. Special assessment bonds -- Guaranty fund
The governing body of a special district issuing special assessment bonds or notes may create and pay money into a special assessment bond guaranty fund to guaranty special assessment bonds and notes issued by the special district. A portion of the special assessments collected by a special district may be placed into its special assessment bond guaranty fund.
[1986 c 278 § 20.]
Notes:
Severability -- 1986 c 278: See note following RCW 36.01.010.
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Last modified: April 7, 2009