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91 chapters · 1,750 sections in this title.
RCW 35.89.010 Authority to issue water redemption bonds.
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If a public water system has been constructed within any local improvement district of any city or town for the construction of which bonds of the local improvement district were issued and are outstanding and unpaid, and if the city or town has taken over the system or is operat…
RCW 35.89.020 Bonds—Terms—Execution—Rights of owner.
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(1) Water redemption bonds shall be in denominations of not more than one thousand nor less than one hundred dollars each, and shall bear interest at a rate or rates as authorized by the city or town council, payable semiannually, and shall bear a serial number and shall be signe…
RCW 35.89.030 Bonds exchange—Subrogation.
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Water redemption bonds issued under the authority of this chapter shall only be sold or disposed of in exchange for an equal amount in par value of principal and interest of the local improvement district bonds issued for the construction of water systems taken over and operated …
RCW 35.89.040 Water redemption fund—Creation.
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The city or town council before issuing water redemption bonds shall by ordinance establish a fund for the payment of the bonds at maturity and of interest thereon as it matures to be designated the water redemption fund. [ 1965 c 7 s 35.89.040. Prior: 1923 c 52 s 4; RRS s 9154-4…
