Revised Code of Washington - RCW Title 28B Higher Education - Chapter 28B.59D 1981 Community College Capital Projects Bond Act

• 28B.59D.010 Purpose -- Bonds authorized -- Amount -- Condition
  For the purpose of financing the construction, reconstruction, erection, equipping, maintenance, demolition, and major alteration of buildings and other capital assets owned by the *state ...
• 28B.59D.020 Bonds to pledge credit of state, promise to pay
  Each bond shall state that it is a general obligation of the state of Washington, shall contain a pledge of the full faith and credit ...
• 28B.59D.030 Disposition of proceeds from sale of bonds
  The proceeds from the sale of the bonds authorized in RCW 28B.59D.010 through 28B.59D.070, together with all grants, donations, transferred funds, and all other moneys ...
• 28B.59D.040 Administration and expenditure of proceeds from sale of bonds -- Condition
  Subject to legislative appropriation, all principal proceeds of the bonds authorized in RCW 28B.59D.010 through 28B.59D.070 shall be administered by the college board exclusively for ...
• 28B.59D.050 Existing fund utilized for payment of principal and interest -- Committee and treasurer's duties
  The 1975 community college capital construction bond retirement fund in the state treasury shall be used for the purpose of the payment of the principal ...
• 28B.59D.060 Transfer of account moneys to general fund -- College board and treasurer's duties
  (1) On or before June 30th of each year, the college board shall accumulate in the community college capital projects account from building fees and ...
• 28B.59D.070 Bonds as legal investment for public funds
  The bonds authorized in RCW 28B.59D.010 through 28B.59D.060 shall constitute a legal investment for all state funds or for funds under state control and all ...

Last modified: April 7, 2009