28B.14F.072 - Disposition of proceeds from sale of bonds -- Use. - Washington Statutes

Disposition of proceeds from sale of bonds — Use.

The proceeds from the sale of the bonds authorized in RCW 28B.14F.070, together with all grants, donations, transferred funds, and all other moneys which the state finance committee may direct the state treasurer to deposit therein, shall be deposited in the state higher education construction account in the general fund and shall be used exclusively for the purposes specified in RCW 28B.14F.070 and for the payment of expenses incurred in the issuance and sale of the bonds.

[1984 c 264 § 2.]