§ 47.10.300. Construction in Grant, Franklin, Adams counties authorized -- Form and term of bonds
Each of such bonds shall be made payable at any time not exceeding twenty-five years from the date of its issuance, with such reserved rights of prior redemption as the state finance committee may prescribe to be specified therein. The bonds shall be signed by the governor and the state auditor under the seal of the state, one of which signatures shall be made manually and the other signatures may be printed facsimile. Any bonds may be registered in the name of the holder by the same officers whose signatures thereon may be in printed facsimile. Any bonds may be registered in the name of the holder on presentation to the state treasurer or at the fiscal agency of the state of Washington in New York City, as to principal alone, or as to both principal and interest under such regulations as the state treasurer may prescribe. Such bonds shall be payable at such places as the state finance committee may provide. All bonds issued under authority of RCW 47.10.280 through 47.10.400 shall be fully negotiable instruments.
[1961 c 13 § 47.10.300. Prior: 1955 c 311 § 3.]
Sections: Previous 47.10.230 47.10.240 47.10.250 47.10.260 47.10.270 47.10.280 47.10.290 47.10.300 47.10.310 47.10.320 47.10.330 47.10.340 47.10.350 47.10.360 47.10.370 NextLast modified: April 7, 2009