Title 39 — Title 39 PUBLIC CONTRACTS AND INDEBTEDNESS
56 chapters · 633 sections in this title.
RCW 39.96.010 Findings and declaration.
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The legislature finds and declares that the issuance by state and local governments of bonds and other obligations involves exposure to changes in interest rates; that a number of financial instruments are available to lower the net cost of these borrowings, or to reduce the expo…
RCW 39.96.020 Definitions.
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The definitions in this section apply throughout this chapter unless the context clearly requires otherwise.(1) "Financial advisor" means a financial services or financial advisory firm:(a) With recognized knowledge and experience in connection with the negotiation and execution …
RCW 39.96.030 Payment agreements authorized—Conditions.
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(1) Subject to subsections (2) and (3) of this section, any governmental entity may enter into a payment agreement in connection with, or incidental to, the issuance, incurring, or carrying of specific obligations, for the purpose of managing or reducing the governmental entity's…
RCW 39.96.040 Terms and conditions.
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(1) Subject to subsections (2), (3), and (4) of this section, payment agreements entered into by any governmental entity may include those payment, term, security, default, remedy, termination, and other terms and conditions, and may be with those parties, as the governmental ent…
RCW 39.96.050 Payments—Credit enhancements.
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(1) Subject to any covenants or agreements applicable to the obligations issued or incurred by the governmental entity, any payments required to be made by the governmental entity under a payment agreement entered into in connection with the issuance, incurring, or carrying of th…
RCW 39.96.060 Calculations regarding payment of obligations—Status of payments.
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(1) Subject to any covenants or agreements applicable to the obligations issued or incurred by the governmental entity, if the governmental entity enters into a payment agreement with respect to those obligations, then it may elect to treat the amounts payable from time to time w…
RCW 39.96.080 Authority cumulative.
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The powers conferred by this chapter are in addition to, and not in substitution for, the powers conferred by any existing law, and the limitations imposed by this chapter do not directly or indirectly modify, limit, or affect the powers conferred by any existing law.[ 1993 c 273…
RCW 39.96.900 Liberal construction—1993 c 273.
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This chapter shall be liberally construed to effect its purposes.[ 1993 c 273 s 9.]
RCW 39.96.903 Effective date—1993 c 273.
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This act is necessary for the immediate preservation of the public peace, health, or safety, or support of the state government and its existing public institutions, and shall take effect immediately [May 7, 1993].[ 1993 c 273 s 13.]