RCW 35.89.040
Water redemption fund—Creation.
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 § 35.89.040. Prior: 1923 c 52 § 4; RRS § 9154-4.]
Structure Revised Code of Washington
Chapter 35.89 - Water Redemption Bonds.
35.89.010 - Authority to issue water redemption bonds.
35.89.020 - Bonds—Terms—Execution—Rights of owner.
35.89.030 - Bonds exchange—Subrogation.
35.89.040 - Water redemption fund—Creation.
35.89.050 - Water redemption fund—Sources.
35.89.060 - Water redemption fund—Trust fund.
35.89.070 - Payment of interest on bonds.
35.89.080 - Payment of principal of bonds.