RCW 85.20.070
Refunding bonds.
Whenever in any district reorganized under the provisions of this chapter any bonds issued prior to such reorganization shall become payable and the county legislative authority determines that it is in the interest of the property owners of the district to have refunding bonds issued, the county legislative authority may authorize the district to issue refunding bonds in accordance with chapter 85.38 RCW.
[ 1986 c 278 § 35; 1917 c 131 § 6; RRS § 4352. FORMER PART OF SECTION: 1933 c 182 § 6, now codified as RCW 85.22.060.]
NOTES:
Severability—1986 c 278: See note following RCW 36.01.010.
Structure Revised Code of Washington
Title 85 - Diking and Drainage
Chapter 85.20 - Reorganization of Districts Into Improvement Districts—1917 Act.
85.20.010 - Reorganization authorized.
85.20.020 - Petition to reorganize—Contents.
85.20.030 - Elections—Notice—Publication—Costs.
85.20.050 - Reorganized district—Board—Indebtedness not affected.
85.20.120 - Sale and issuance of refunding bonds.
85.20.150 - Extensions to compensate for inadequate benefits—Payment.