RCW 85.38.250: Special assessment bonds

RCWs > Title 85 > Chapter 85.38 > Section 85.38.250

85.38.240 << 85.38.250 >> 85.38.260

PDFRCW 85.38.250

Special assessment bonds—Guaranty fund.

The governing body of a special district issuing special assessment bonds or notes may create and pay money into a special assessment bond guaranty fund to guaranty special assessment bonds and notes issued by the special district. A portion of the special assessments collected by a special district may be placed into its special assessment bond guaranty fund.

[ 1986 c 278 § 20.]

NOTES:

Severability—1986 c 278: See note following RCW 36.01.010.