§ 87.03.450. Income from sale of electricity
All income derived from the sale, delivery and distribution of electrical energy, shall be deposited with the county treasurer of the county in which the office of the board of directors of the district is located, and shall be apportioned to such fund or funds of the district authorized by law, as the board of directors shall deem advisable, including, but not limited to the payment of district bonds or any portion of the same for which such revenues have been pledged and thereafter said income, or such portion thereof so pledged, shall be placed by the county treasurer to the credit of the fund from which said bonds are required to be paid until the same or the portion thereof secured by such pledge are fully paid.
[1979 ex.s. c 185 § 6; 1933 c 31 § 2; RRS § 7454-1. Formerly RCW 87.08.070.]
Notes:
Effective date -- Severability -- 1979 ex.s. c 185: See notes following RCW 87.03.013.
Office of board: RCW 87.03.115. Sections: Previous 87.03.437 87.03.438 87.03.440 87.03.441 87.03.442 87.03.443 87.03.445 87.03.450 87.03.455 87.03.460 87.03.470 87.03.475 87.03.480 87.03.485 87.03.486 Next
Last modified: April 7, 2009