RCW 53.34.140
Registration of bonds and notes—Prima facie validity.
Prior to the issuance and delivery of revenue bonds or notes under the authority of this chapter, such revenue bonds or notes and a certified copy of the resolution, resolutions, or trust agreements authorizing such revenue bonds or notes shall be forwarded by the port commission to the state auditor together with any additional information requested by him or her, and when such revenue bonds or notes have been examined they shall be registered by the auditor in books to be kept by him or her for that purpose, and a certificate of registration shall be endorsed upon each such revenue bond or note and signed by the auditor or a deputy appointed by him or her for that purpose.
Revenue bonds or notes so registered shall then be prima facie valid and binding obligations of the port district in accordance with the terms thereof, notwithstanding any defect or irregularity in the proceedings for the authorization and issuance of such revenue bonds or notes or in the sale, execution or delivery thereof or in the application of the proceeds thereof.
[ 2010 c 8 § 16010; 1959 c 236 § 14.]
Structure Revised Code of Washington
Chapter 53.34 - Toll Facilities.
53.34.010 - Toll bridges, tunnels authorized—Highway approaches—Tolls proposed.
53.34.020 - Contracts for use of projects—Regulations—Controversies.
53.34.030 - Revenue bonds and notes—Authorized—Purposes—Sale, maturity, cost.
53.34.040 - Revenue bonds and notes—Resolution—Security—Form, interest, payment, etc.
53.34.050 - Covenants to safeguard and secure bonds and notes.
53.34.080 - Special funds and accounts—Disposition.
53.34.090 - Pledge of moneys, when binding—When lien attaches.
53.34.100 - No personal liability on bonds or notes.
53.34.110 - District may purchase bonds or notes.
53.34.130 - Bonds, notes, obligations not state or district debt—No ad valorem taxes.
53.34.140 - Registration of bonds and notes—Prima facie validity.
53.34.150 - Bonds and notes as legal investment and security.
53.34.190 - Bylaws, rules for management, uses, charges—Penalty for violation.
53.34.200 - Actions for damages, injuries, death—Allegation in complaint of presentment of claim.
53.34.220 - Chapter supplemental to other laws—Liberal construction.