Washington Statutes

§ 35.21.440 — Utilities—Additional payments to school districts having bonded indebtedness.

Washington § 35.21.440
JurisdictionWashington
Title 35CITIES AND TOWNS
Ch. 35.21MISCELLANEOUS PROVISIONS

This text of Washington § 35.21.440 (Utilities—Additional payments to school districts having bonded indebtedness.) 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 § 35.21.440 (2026).

Text

In the event any portion of such property shall be situated in any school district which, at the time of acquisition, has an outstanding bonded indebtedness, the city or town may in addition to the payments authorized in RCW 35.21.430 , make annual payments to such school district which shall be applied to the retirement of the principal and interest of such bonds. Such payments shall be computed in the proportion which the assessed valuation of utility property so acquired shall bear to the total assessed valuation of the district at the time of the acquisition.

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Related

§ 35.21.430
Washington § 35.21.430

Legislative History

[1965 c 7 s 35.21.440. Prior:1951 c 217 s 2.]

Nearby Sections

15
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Bluebook (online)
Washington § 35.21.440, Counsel Stack Legal Research, https://law.counselstack.com/statute/wa/35.21.440.