™Your Policy Risk Impact Agent
56 chapters · 635 sections in this title.
RCW 39.46.010 Purposes—Liberal construction.
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The purposes of this chapter are to permit the state and local governments to conform with registration requirements of federal law which are necessary to exempt interest payments from federal income taxes when the state or local governments issue bonds or incur other obligations…
RCW 39.46.020 Definitions.
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Unless the context clearly requires otherwise, the definitions in this section apply throughout this chapter. (1) "Bond" means any agreement, which may or may not be represented by a physical instrument, including notes, warrants, or certificates of indebtedness, that evidences a…
RCW 39.46.030 Registration system authorized—Requirements—Fiscal agents.
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(1) The state and local governments are authorized to establish a system of registering the ownership of their bonds or other obligations as to principal and interest, or principal only. Registration may include, without limitation: (a) A book entry system of recording the owners…
RCW 39.46.040 Bonds—Issuer to determine amount, terms, conditions, interest, etc.—Designated representative.
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(1) A local government authorized to issue bonds must determine for the bond issue its amount, date or dates, terms not in excess of the maximum term otherwise provided in law, conditions, bond denominations, interest rate or rates, which may be fixed or variable, interest paymen…
