Revised Code of Washington - RCW Title 39 Public Contracts And Indebtedness - Chapter 39.42 State Bonds, Notes, And Other Evidences Of Indebtedness

  • 39.42.010 Scope of application
    This chapter shall apply to all bonds, notes and other evidences of indebtedness of the state authorized by the legislature after *the effective date of ...
  • 39.42.020 Evidences of indebtedness -- Issuance -- Signature
    Bonds, notes or other evidences of indebtedness shall be issued by the state finance committee. They may be issued at one time or in a ...
  • 39.42.030 Evidences of indebtedness -- Issuance -- State finance committee, duties and powers
    The state finance committee shall determine by resolution the amount, date or dates, terms, conditions, covenants, denominations, interest rate or rates (which may be fixed ...
  • 39.42.040 Disposition of proceeds from sale of bonds
    The proceeds of the sale of any bonds shall be used solely for the purposes, including any expense incurred in connection with the issuance and ...
  • 39.42.050 Anticipation notes -- Issued, when -- Payment of principal and interest
    When the state finance committee has decided to issue such bonds or a portion thereof, it may, pending the issuing of such bonds, issue, in ...
  • 39.42.060 Limitation on issuance of evidences of indebtedness -- Annual computation of amount required to pay on outstanding debt
    No bonds, notes, or other evidences of indebtedness for borrowed money shall be issued by the state which will cause the aggregate debt contracted by ...
  • 39.42.070 Computation of general state revenues -- Filing of certificate -- Estimate of debt capacity
    (1) On or after *the effective date of this act, the treasurer shall compute general state revenues for the three fiscal years immediately preceding such ...
  • 39.42.080 Obligations allowable under debt limitation
    The foregoing limitation on the aggregate amount of indebtedness of the state shall not prevent: (1) The issuance of obligations to refund or replace any ...
  • 39.42.090 Certificates of indebtedness -- Issued, when -- Retirement
    The state finance committee may issue certificates of indebtedness in such sum or sums that may be necessary to meet temporary deficiencies of the treasury. ...
  • 39.42.100 Evidences of indebtedness -- Defects not to affect validity -- Copy of resolution authorizing issuance filed -- Action to contest before delivery
    Bonds, notes, or other obligations issued and sold by the state of Washington pursuant to and in conformity with this chapter shall not be invalid ...
  • 39.42.110 Evidences of indebtedness -- As negotiable instruments, legal investments, and security for deposits
    All evidences of indebtedness issued under the provisions of this chapter shall be fully negotiable instruments and shall be legal investment for all state funds ...
  • 39.42.120 Excess earnings account -- Payments to United States treasury
    The excess earnings account is created in the state treasury. From the revenue funds from which principal and interest payments on bonds are provided, the ...
  • 39.42.900 Effective date -- 1971 ex.s. c 184
    This act shall become effective coincident with the effective date of the constitutional amendment to Article VIII, section 1 and to Article VIII, section 3 ...

Last modified: April 7, 2009