RCW 35.37.110: General indebtedness bonds

RCWs > Title 35 > Chapter 35.37 > Section 35.37.110

These documents are currently being revised to incorporate the changes made during the 2024 Legislative Session. Please consult the Sections Affected Table for changes made during the 2024 Legislative Session.

35.37.090 << 35.37.110 >> 35.37.120

PDFRCW 35.37.110

General indebtedness bonds—Taxation to pay.

So long as any general indebtedness bonds are outstanding an amount sufficient to pay the interest upon them as it accrues shall be included in each annual levy for municipal purposes and a sufficient amount shall be included in each annual levy for payment of principal so that all bonds may be paid serially as they mature.

[ 1965 c 7 § 35.37.110. Prior: 1891 c 128 § 8; RRS § 9546.]