28B.50.404 - Refunding bonds--Issuance--Security. - Washington Statutes

Refunding bonds — Issuance — Security.

Subject to the specific provisions of RCW 28B.50.360 and 28B.50.403 through 28B.50.407, such general obligation refunding bonds shall be issued and the refunding of said community and technical college building bonds shall be carried out pursuant to chapters 39.42 and 39.53 RCW as now or hereafter amended. The bonds shall pledge the full faith and credit of the state of Washington and contain an unconditional promise of the state to pay the principal thereof and interest thereon when due.

[1991 c 238 § 54; 1985 c 390 § 60; 1974 ex.s. c 112 § 2.]

Notes: Severability -- 1974 ex.s. c 112: See note following RCW 28B.50.403.