28B.20.757 - Hospital project bonds -- Regents to accumulate moneys for bond payments. - Washington Statutes

Hospital project bonds — Regents to accumulate moneys for bond payments.

On or before June 30th of each year, the board of regents of the university shall cause to be accumulated, in an appropriate local fund, from fees charged patients of the university hospital and other moneys legally available for such purposes, an amount at least equal to the amount required in the next succeeding twelve months for the payment of the principal of and interest coming due on the bonds issued pursuant to RCW 28B.20.750 through 28B.20.759. Notwithstanding the provisions of RCW 28B.15.220, on July 1st of each such year the board of regents of the university shall cause to be paid to the state treasurer for deposit into the general fund of the state treasury, the sum so accumulated.

[1975 1st ex.s. c 88 § 8.]

Notes: Severability -- 1975 1st ex.s. c 88: See note following RCW 28B.20.750.