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91 chapters · 1,750 sections in this title.
RCW 35.54.050 Source—Surplus from improvement funds.
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If in any local improvement fund guaranteed by a local improvement guaranty fund there is a surplus remaining after the payment of all outstanding bonds and warrants payable therefrom, it shall be paid into the local improvement guaranty fund. [ 1965 c 7 s 35.54.050. Prior: 1933 …
RCW 35.54.060 Source—Taxation.
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For the purpose of maintaining the local improvement guaranty fund, every city and town shall, at the time of making its annual budget and tax levy, provide for the levy of a sum sufficient, with the other sources of the fund, to pay the warrants issued against the fund during th…
RCW 35.54.070 Use of fund—Purchase of bonds, coupons and warrants.
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Defaulted bonds, interest coupons and warrants against local improvement funds shall be purchased out of the guaranty fund, and as between the several issues of bonds, coupons, or warrants no preference shall exist, but they shall be purchased in the order of their presentation. …
RCW 35.54.080 Use of fund—Purchase of general tax certificates or property on or after foreclosure—Disposition.
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For the purpose of protecting the guaranty fund, so much of the guaranty fund as is necessary may be used to purchase certificates of delinquency for general taxes on property subject to local improvement assessments which underlie the bonds, coupons, or warrants guaranteed by th…
