89.30.517 - Negotiable bonds of general improvement or divisional district -- Authorized. - Washington Statutes

Negotiable bonds of general improvement or divisional district — Authorized.

(1) For the purpose of furthering or carrying out any of the objects for which a general improvement or divisional district was organized, for the purpose of raising additional moneys for that purpose or for refunding outstanding improvement or divisional district bonds, the district board shall have authority to issue and sell negotiable bonds in such amounts as shall be approved by the electors of the general improvement or divisional district at an election called for that purpose, as herein provided.

     (2) Notwithstanding the provisions of RCW 89.30.520 through 89.30.568, such bonds may be issued and sold in accordance with chapter 39.46 RCW.

[1983 c 167 § 256; 1927 c 254 § 173; RRS § 7402-173. Formerly RCW 89.26.400.]

Notes: Liberal construction -- Severability -- 1983 c 167: See RCW 39.46.010 and note following.