28B.14G.040 - Administration and expenditure of proceeds from sale of bonds -- Condition. - Washington Statutes

Administration and expenditure of proceeds from sale of bonds — Condition.

Subject to legislative appropriation, all proceeds of the bonds authorized in this chapter shall be administered and expended by the boards of regents or the boards of trustees of the state institutions of higher education exclusively for the purposes specified in this chapter and for the payment of the expenses incurred in connection with the sale and issuance of such bonds.

[1981 c 233 § 4.]