RCW 39.42.090
Certificates of indebtedness—Issued, when—Retirement.
The state finance committee may issue certificates of indebtedness in such sum or sums that may be necessary to meet temporary deficiencies of the treasury. Such certificates may be issued only to provide for the appropriations already made by the legislature and such certificates must be retired and the debt discharged other than by refunding within twelve months after the date of issuance.
For the purposes of this section, the state treasury shall include all statutorily established funds and accounts except for any of the permanent funds of the state treasury.
[ 2007 c 215 § 3; 1985 c 57 § 21; 1971 ex.s. c 184 § 9.]
NOTES:
Finding—Intent—Contingent effective date—2007 c 215: See notes following RCW 39.42.070.
Effective date—1985 c 57: See note following RCW 18.04.105.
Structure Revised Code of Washington
Title 39 - Public Contracts and Indebtedness
Chapter 39.42 - State Bonds, Notes, and Other Evidences of Indebtedness.
39.42.010 - Scope of application.
39.42.020 - Evidences of indebtedness—Issuance—Signature.
39.42.030 - Evidences of indebtedness—Issuance—State finance committee, duties and powers.
39.42.040 - Disposition of proceeds from sale of bonds.
39.42.050 - Anticipation notes—Issued, when—Payment of principal and interest.
39.42.070 - Computation of general state revenues—Filing of certificate—Estimate of debt capacity.
39.42.080 - Obligations allowable under debt limitation.
39.42.090 - Certificates of indebtedness—Issued, when—Retirement.
39.42.120 - Excess earnings account—Payments to United States treasury.
39.42.130 - Aggregate state debt not to exceed debt limitation—State finance committee duties.