Revised Code of Washington - RCW Title 43 State Government -- Executive - Section 43.96B.210 Bond issue -- Issuance and sale of bonds -- Form, terms, conditions, etc. -- Authority of state finance committee

§ 43.96B.210. Bond issue -- Issuance and sale of bonds -- Form, terms, conditions, etc. -- Authority of state finance committee

The issuance, sale and retirement of said bonds shall be under the supervision and control of the state finance committee. The committee is authorized to prescribe the form, terms, conditions, and covenants of the bonds, the time or times of sale of all or any portion of them, and the conditions and manner of their sale, issuance and redemption. None of the bonds authorized in RCW 43.96B.200 through 43.96B.245 shall be sold for less than the par value thereof.

The committee may provide that the bonds, or any of them, may be called prior to the maturity date thereof under such terms, conditions, and provisions as it may determine and may authorize the use of facsimile signatures in the issuance of such bonds and notes, if any. Such bonds shall be payable at such places as the committee may provide.

[1973 1st ex.s. c 116 § 3.]

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Last modified: April 7, 2009