Revised Code of Washington
Chapter 43.100A - General Obligation Bond Issues.
43.100A.313 - Payment of principal and interest—Retirement.

RCW 43.100A.313
Payment of principal and interest—Retirement.

(1) The debt-limit general fund bond retirement account shall be used for the payment of the principal of and interest on the bonds authorized in RCW 43.100A.311.
(2) The state finance committee shall, on or before June 30th of each year, certify to the state treasurer the amount needed in the ensuing twelve months to meet the bond retirement and interest requirements on the bonds authorized in RCW 43.100A.311.
(3) On each date on which any interest or principal and interest payment is due on bonds issued for the purposes of RCW 43.100A.312 (1) and (2) the state treasurer shall withdraw from any general state revenues received in the state treasury and deposit in the debt-limit general fund bond retirement account an amount equal to the amount certified by the state finance committee to be due on the payment date.

[ 2019 c 414 § 3.]
NOTES:

Effective date—2019 c 414: See note following RCW 43.100A.311.

Structure Revised Code of Washington

Revised Code of Washington

Title 43 - State Government—Executive

Chapter 43.100A - General Obligation Bond Issues.

43.100A.300 - General obligation bonds for capital and operating appropriations acts.

43.100A.301 - Conditions and limitations.

43.100A.302 - Retirement of bonds—Reimbursement of general fund from debt-limit general fund bond retirement account.

43.100A.303 - Pledge and promise—Remedies.

43.100A.304 - Payment of principal and interest—Additional means for raising money authorized.

43.100A.305 - General obligation bonds for watershed and fisheries restoration and enhancement.

43.100A.306 - Bond issuance—Intent.

43.100A.307 - Conditions and limitations.

43.100A.308 - Retirement of bonds—Reimbursement of general fund from debt-limit general fund bond retirement account—Pledge and promise—Remedies.

43.100A.309 - Payment of principal and interest—Additional means for raising money authorized.

43.100A.310 - Legal investment.

43.100A.311 - Issuance and sale.

43.100A.312 - Proceeds—Deposits and transfers.

43.100A.313 - Payment of principal and interest—Retirement.

43.100A.314 - Pledge and promise—Remedies.

43.100A.315 - Additional means for raising money authorized.

43.100A.316 - General obligation bonds for capital and operating appropriations acts.

43.100A.317 - Conditions and limitations.

43.100A.318 - Retirement of bonds—Reimbursement of general fund from debt-limit general fund bond retirement account.

43.100A.319 - Pledge and promise—Remedies.

43.100A.320 - Payment of principal and interest—Additional means for raising money authorized.