Washington Statutes

§ 36.40.120 — Limitation on use of borrowed money.

Washington § 36.40.120
JurisdictionWashington
Title 36COUNTIES
Ch. 36.40BUDGET

This text of Washington § 36.40.120 (Limitation on use of borrowed money.) 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 § 36.40.120 (2026).

Text

Moneys received from borrowing shall be used for no other purpose than that for which borrowed except that if any surplus shall remain after the accomplishment of the purpose for which borrowed, it shall be used to redeem the county debt. Where the budget contains an expenditure program to be financed from a bond issue to be authorized thereafter no such expenditure shall be made or incurred until such bonds have been duly authorized.

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Legislative History

[1963 c 4 s 36.40.120. Prior: 1945 c 201 s 1, part; 1943 c 66 s 1, part; 1927 c 301 s 1, part; 1923 c 164 s 5, part; Rem. Supp. 1945 s 3997-5, part.]

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Bluebook (online)
Washington § 36.40.120, Counsel Stack Legal Research, https://law.counselstack.com/statute/wa/36.40.120.