RCW 39.46.070
Bonds—Payment of costs of issuance and sale.
(1) Except as provided in subsection (2) of this section, the proceeds of any bonds issued by the state or a local government may be used to pay incidental costs and costs related to the sale and issuance of the bonds. Such costs include payments for fiscal and legal expenses, obtaining bond ratings, printing, engraving, advertising, establishing and funding reserve accounts and other accounts, an amount for working capital, capitalized interest for up to six months after completion of construction, necessary and related engineering, architectural, planning, and inspection costs, and other similar activities or purposes.
(2) In addition to the costs enumerated in subsection (1) of this section, costs authorized under this section include capitalized interest for up to seventy-two months from the date of issuance for bonds issued by the state for the construction of a public toll bridge under chapter 47.46 RCW.
[ 2002 c 114 § 22; 1983 c 167 § 7.]
NOTES:
Finding—Intent—2002 c 114: See RCW 47.46.011.
Captions not law—2002 c 114: See note following RCW 47.46.011.
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 39.46 - Bonds—Other Miscellaneous Provisions—Registration.
39.46.010 - Purposes—Liberal construction.
39.46.030 - Registration system authorized—Requirements—Fiscal agents.
39.46.050 - Bonds—Issuer authorized to establish lines of credit.
39.46.060 - Bonds—Reproduction of physical instrument.
39.46.070 - Bonds—Payment of costs of issuance and sale.
39.46.100 - RCW 39.46.010 through 39.46.070 constitutes alternative method.
39.46.120 - Notice of intent to sell general obligation bonds.
39.46.150 - Revenue bonds—Alternative method of issuance—Limitations.
39.46.160 - Revenue bonds—Alternative method of issuance—Bonds may include reserve funds.
39.46.170 - Out-of-state issuers—Issuance of bonds for projects within the state.