§ 43.83D.020. General obligation bonds -- Authorized -- Issuance, sale, terms -- Appropriation required
For the purpose of providing funds for the planning, acquisition, construction, and improvement of health and social service facilities in this state, the state finance committee is authorized to issue general obligation bonds of the state of Washington in the sum of twenty-five million dollars or so much thereof as may be required to finance the improvements defined in this chapter and all costs incidental thereto. These bonds shall be paid and discharged within twenty years of the date of issuance or within thirty years should Article VIII of the Constitution of the state of Washington be amended to permit such longer term. No bonds authorized by this chapter shall be offered for sale without prior legislative appropriation of the proceeds of such bonds to be sold.
[1977 ex.s. c 242 § 4; 1972 ex.s. c 130 § 2.]
Notes:
Severability -- 1977 ex.s. c 242: See note following RCW 43.83A.020.
Sections: Previous 43.83D.010 43.83D.020 43.83D.030 43.83D.040 43.83D.050 43.83D.060 43.83D.070 43.83D.080 43.83D.090 43.83D.100 43.83D.110 43.83D.120 Next
Last modified: April 7, 2009