Washington Statutes
§ 35.89.030 — Bonds exchange—Subrogation.
Washington § 35.89.030
This text of Washington § 35.89.030 (Bonds exchange—Subrogation.) 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 § 35.89.030 (2026).
Text
Water redemption bonds issued under the authority of this chapter shall only be sold or disposed of in exchange for an equal amount in par value of principal and interest of the local improvement district bonds issued for the construction of water systems taken over and operated by the city or town, or incorporated into or connected with a water system operated by it.
Upon the exchange of the water redemption bonds authorized by this chapter for local improvement district bonds the city or town shall be subrogated to all the rights of the owners and holders of such local improvement district bonds against the property of the local improvement district and against any person or corporation liable thereon.
Any money derived by the city or town from the sale or enforcement of such local imp
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Legislative History
[1965 c 7 s 35.89.030. Prior:1923 c 52 s 3; RRS s 9154-3.]
Nearby Sections
15
§ 35.01.010
First-class city.§ 35.01.020
Second-class city.§ 35.01.040
Town.§ 35.02.005
Purpose.§ 35.02.010
Authority for incorporation—Number of inhabitants required.(Effective until June 30, 2028.)§ 35.02.030
Petition for incorporation—Contents.§ 35.02.035
Petition—Auditor's duties.§ 35.02.037
Petition—Notice of certification.§ 35.02.039
Public hearing—Time limitations.§ 35.02.040
Public hearing—Publication of notice.Cite This Page — Counsel Stack
Bluebook (online)
Washington § 35.89.030, Counsel Stack Legal Research, https://law.counselstack.com/statute/wa/35.89.030.