RCW 47.29.240
Use of account.
(1) The state may use moneys in the transportation innovative partnership subaccount to ensure the repayment of loan guarantees or extensions of credit made to or on behalf of private entities engaged in the planning, acquisition, financing, development, design, construction, reconstruction, replacement, improvement, maintenance, preservation, management, repair, or operation of any eligible project that is related to a subaccount established under this chapter.
(2) The lien of a pledge made under this section is subordinate to the lien of a pledge securing bonds payable from moneys in the motor vehicle fund established in RCW 46.68.070, or the transportation innovative partnership account established in RCW 47.29.230.
[ 2005 c 317 § 24.]
Structure Revised Code of Washington
Title 47 - Public Highways and Transportation
Chapter 47.29 - Transportation Innovative Partnerships.
47.29.030 - Transportation commission powers and duties.
47.29.050 - Eligible projects.
47.29.060 - Eligible financing.
47.29.070 - Use of federal funds and similar revenues.
47.29.080 - Other sources of funds or property.
47.29.090 - Project review, evaluation, and selection.
47.29.100 - Administrative fee.
47.29.110 - Funds for proposal evaluation and negotiation.
47.29.120 - Expert consultation.
47.29.130 - Contracted studies.
47.29.140 - Partnership agreements.
47.29.150 - Public involvement and participation.
47.29.160 - Approval and execution.
47.29.170 - Unsolicited proposals.
47.29.180 - Advisory committees.
47.29.210 - Government agreements.
47.29.230 - Transportation innovative partnership account.
47.29.250 - Issuing bonds and other obligations.
47.29.280 - Expert review panel on proposed project agreements—Creation—Authority.
47.29.290 - Expert review panel on proposed project agreements—Execution of agreements.