Washington Statutes
§ 28B.50.740 — School district bonds—Those issued for community and technical college facilities not considered indebtedness under statutory limitations on.
Washington § 28B.50.740
This text of Washington § 28B.50.740 (School district bonds—Those issued for community and technical college facilities not considered indebtedness under statutory limitations on.) is published on Counsel Stack Legal Research, covering Washington primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Wash. Rev. Code § 28B.50.740 (2026).
Text
Notwithstanding any other statutory provision relating to indebtedness of school districts, bonds heretofore issued by any common school district for the purpose of providing funds for community and technical college facilities shall not be considered as indebtedness in determining the maximum allowable indebtedness under any statutory limitation of indebtedness when the sum of all indebtedness therein does not exceed the maximum constitutional allowable indebtedness applied to the value of the taxable property contained in such school district: PROVIDED, That nothing contained herein shall be construed to affect the distribution of state funds under any applicable distribution formula.
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Legislative History
[1991 c 238 s 61;1969 ex.s. c 223 s 28B.50.740. Prior:1967 ex.s. c 8 s 74. Formerly RCW28.85.740.]
Nearby Sections
15
§ 28B.07.010
Findings—Intent—Liberal construction.§ 28B.07.020
Definitions.§ 28B.07.021
Definitions.§ 28B.07.040
Powers and duties.§ 28B.07.080
Moneys deemed trust funds—Agreement or trust indenture with bank or trust company authorized.§ 28B.07.100
Bonds are securities—Legal investments.§ 28B.07.110
Projects or financing—Exemption from certain restrictions on procedures for awarding contracts.§ 28B.07.120
Bond counsel—Selection.§ 28B.07.130
Underwriters—Selection.§ 28B.07.300
Student loan financing—Authority—Liability.Cite This Page — Counsel Stack
Bluebook (online)
Washington § 28B.50.740, Counsel Stack Legal Research, https://law.counselstack.com/statute/wa/28B.50.740.