§ 28B.14D.020. Bond anticipation notes -- Authorized -- Payment
When the state finance committee has determined to issue the general obligation bonds or a portion thereof as authorized in RCW 28B.14D.010, it may, pending the issuance thereof, issue in the name of the state temporary notes in anticipation of the issuance of the bonds, which notes shall be designated as "bond anticipation notes." Such portion of the proceeds of the sale of the bonds as may be required for the payment of principal of and redemption premium, if any, and interest on the notes shall be applied thereto when the bonds are issued.
[1979 ex.s. c 253 § 2.]
Sections: Previous 28B.14D.010 28B.14D.020 28B.14D.030 28B.14D.040 28B.14D.050 28B.14D.060 28B.14D.070 28B.14D.080 28B.14D.090 28B.14D.900 28B.14D.950 NextLast modified: April 7, 2009