Revised Code of Washington (RCW) (Last Updated: August 9, 2016) |
Title 39. PUBLIC CONTRACTS AND INDEBTEDNESS |
Chapter 39.50. Short-term obligations—Municipal corporations. |
Section 39.50.060. Nonvoted general indebtedness.
Latest version.
- A municipal corporation may incur nonvoted general indebtedness under this chapter up to an amount which, when added to all other authorized and outstanding nonvoted indebtedness of the municipal corporation, is equal to the maximum amount of indebtedness the municipal corporation is otherwise permitted to incur without a vote of the electors.