RCW 8.12.450
Bondholder's remedy limited to assessments.
Neither the holder nor owner of any bond issued under the authority of this chapter shall have any claim therefor against the city by which the same is issued, except from the special assessment made for the improvement for which such bond was issued, but his or her remedy in case of nonpayment, shall be confined to the enforcement of such assessments. A copy of this section shall be plainly written, printed, or engraved on each bond so issued.
[ 2011 c 336 § 269; 1915 c 154 § 16; RRS § 9268.]
Structure Revised Code of Washington
Chapter 8.12 - Eminent Domain by Cities.
8.12.005 - Condemnation final actions—Notice requirements.
8.12.020 - Other terms defined.
8.12.030 - Condemnation authorized—Purposes enumerated.
8.12.040 - Ordinance to specify method of payment—Limitations.
8.12.050 - Petition for condemnation.
8.12.060 - Contents of petition.
8.12.080 - Service when state or county lands are involved.
8.12.090 - Waiver of jury—Adjudication of public use—Procedure.
8.12.100 - Trial—Jury—Right to separate juries.
8.12.120 - Interested party may be brought in.
8.12.130 - Jury may view premises.
8.12.140 - Damages to building—Measure.
8.12.150 - Separate findings where there are several interests—Interpleader of adverse claimants.
8.12.160 - Verdict—New trial—Continuance—New summons.
8.12.170 - Change of ownership—Powers of court.
8.12.200 - Judgment—Appellate review—Payment of award into court.
8.12.210 - Title vests upon payment.
8.12.220 - Payment from general fund.
8.12.230 - Payment by special assessment.
8.12.240 - Petition for assessment—Appointment of commissioners.
8.12.250 - Advancement from general funds against assessments.
8.12.260 - Appointment of board of eminent domain commissioners—Terms of office.
8.12.270 - Oath of commissioners—Compensation.
8.12.280 - Duties of commissioners—Assessment of benefits—Apportionment.
8.12.300 - Hearing on assessment roll—Notice.
8.12.320 - Continuance of hearing.
8.12.330 - Objections to assessment roll.
8.12.340 - Modification of assessment.
8.12.350 - Judgment, effect—Lien.
8.12.360 - Certification of roll to treasurer.
8.12.370 - Treasurer's notice to pay when assessments immediately payable.
8.12.380 - Notice by mail—Penalty for default.
8.12.400 - Maturity—Interest—Payment.
8.12.410 - Sale—Application of proceeds.
8.12.420 - Installment payment of assessments.
8.12.430 - Notice to pay—Due date of installments—Penalty—Interest.
8.12.440 - Bond owner may enforce collection.
8.12.450 - Bondholder's remedy limited to assessments.
8.12.460 - Payment of bonds—Call—Notice.
8.12.470 - Enforcement of collection—Interest on delinquency.
8.12.480 - Assessment fund to be kept separate.
8.12.490 - Record of payment and redemption.
8.12.500 - Liability of treasurer.
8.12.520 - Lien of assessment—Enforcement by civil action.
8.12.530 - Discontinuance of proceedings.
8.12.540 - Subsequent compensation for property taken or damaged.