43.331.060 - Payment of principal and interest on bonds -- Additional means for raising money authorized -- Purchase of bonds by state residents. - Washington Statutes

Payment of principal and interest on bonds — Additional means for raising money authorized — Purchase of bonds by state residents. (Effective December 2, 2010, if Referendum Bill No. 52 is approved by the voters at the November general election.)

(1) The legislature may provide additional means for raising moneys for the payment of the principal of and interest on the bonds authorized in RCW 43.331.010, and RCW 43.331.020 may not be deemed to provide an exclusive method for the payment.

     (2) The office of the state treasurer must determine a mechanism to allow individual Washington state residents to purchase jobs act bonds.

[2010 1st sp.s. c 35 § 401.]

Notes: Intent -- Short title -- Contingent effective date -- 2010 1st sp.s. c 35: See notes following RCW 43.331.010.

Intent -- 2010 1st sp.s. c 35: See note following RCW 43.331.040.