Revised Code of Washington - RCW Title 39 Public Contracts And Indebtedness - Section 39.56.030 Issuing officer to fix rate

§ 39.56.030. Issuing officer to fix rate

It shall be the duty of every public officer issuing public warrants to make monthly investigation to ascertain the market value of the current warrants issued by him, and he shall, so far as practicable, fix the rate of interest on the warrants issued by him during the ensuing month so that the par value shall be the market value thereof.

[1981 c 156 § 16; 1981 c 10 § 4; 1899 c 80 § 5; RRS § 7303.]

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Last modified: April 7, 2009