§ 47.10.792. Bond proceeds -- Deposit and use
The proceeds from the sale of the bonds authorized by RCW 47.10.790 shall be deposited in the motor vehicle fund and such proceeds shall be available only for the purposes enumerated in RCW 47.10.790, for the payment of bond anticipation notes, if any, and for the payment of the expense incurred in the drafting, printing, issuance, and sale of such bonds. The costs of obtaining insurance, letters of credit, or other credit enhancement devices with respect to the bonds shall be considered to be expenses incurred in the issuance and sale of the bonds.
[1986 c 290 § 7; 1979 ex.s. c 180 § 3.]
Sections: Previous 47.10.769 47.10.770 47.10.771 47.10.775 47.10.777 47.10.790 47.10.791 47.10.792 47.10.793 47.10.794 47.10.795 47.10.796 47.10.797 47.10.798 47.10.799 NextLast modified: April 7, 2009