Revised Code of Washington (RCW) (Last Updated: August 9, 2016) |
Title 35. CITIES AND TOWNS |
Chapter 35.37. Fiscal—Cities under twenty thousand and cities other than first class—Bonds. |
Section 35.37.110. General indebtedness bonds—Taxation to pay.
Latest version.
- 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.]
1965 c 7 § 35.37.110. Prior: 1891 c 128 § 8; RRS § 9546.