Dairy products commission—Bond conditions and limitations.
The bonds authorized by *RCW
43.99I.020(7) shall be issued only after the director of financial management has (a) certified that, based on the future income from assessments levied pursuant to chapter
15.44 RCW and other revenues collected by the Washington state dairy products commission, an adequate balance will be maintained in the commission's general operating fund to pay the interest or principal and interest payments due under **RCW
43.99I.040(3) for the life of the bonds; and (b) approved the facility to be acquired using the bond proceeds.
NOTES:
Reviser's note: *(1) RCW
43.99I.020 was amended by 2012 c 198 s 13, changing subsection (7) to subsection (6).
**(2) The reference to RCW
43.99I.040(3) appears erroneous. RCW
43.99I.040(4) was apparently intended.
Effective date—1997 c 456 ss 9-43: See RCW
43.99M.901.