Revised Code of Washington
Chapter 35.51 - Local Improvements—Classification of Property—Reserve Funds.
35.51.050 - Loan agreements—Assessments may be pledged.

RCW 35.51.050
Loan agreements—Assessments may be pledged.

Assessments for local improvements in a local improvement district created by a municipality may be pledged and applied when collected to the payment of its obligations under a loan agreement entered into under chapter 39.69 RCW to pay costs of improvements in such a local improvement district.

[ 1997 c 426 § 4.]