RCW 39.44.120
Payment of coupon interest.
If so provided in the proceedings authorizing the issuance of any such bonds, upon the registration thereof as to principal, or at any time thereafter, the coupons thereto attached, evidencing all interest to be paid thereon to the date of maturity, may be surrendered to the officer or agent hereinafter provided and the bonds shall also become registered as to interest. Such coupons shall be canceled by such officer or agent, who shall sign a statement endorsed upon such bond of the cancellation of all unmatured coupons and the registration of such bond. Thereafter the interest evidenced by such canceled coupons shall be paid at the times provided therein to the registered owner of such bond in lawful money of the United States of America mailed to his or her address.
[ 2011 c 336 § 809; 1983 c 167 § 109; 1961 c 141 § 5; 1915 c 91 § 2; RRS § 5495.]
NOTES:
Liberal construction—Severability—1983 c 167: See RCW 39.46.010 and note following.
Structure Revised Code of Washington
Title 39 - Public Contracts and Indebtedness
Chapter 39.44 - Bonds—Miscellaneous Provisions, Bond Information Reporting.
39.44.100 - Facsimile signatures on bonds and coupons.
39.44.101 - Facsimile signatures on bonds and coupons—Fraud—Destruction of plates—Penalty.
39.44.110 - Registration—Payment—Assignment.
39.44.120 - Payment of coupon interest.
39.44.130 - Treasurers as registration officers—Fiscal agent.
39.44.140 - Revenue bonds—Funds for reserve purposes may be included in issue amount.
39.44.200 - State and local government bond information—Definitions.
39.44.210 - State and local government bond information—Submittal—Contents—Annual report.
39.44.230 - State and local government bond information—Rules.
39.44.240 - State and local government bond information—Validity of bonds not affected.