Washington Statutes
§ 39.42.130 — Aggregate state debt not to exceed debt limitation—State finance committee duties.
Washington § 39.42.130
JurisdictionWashington
Title 39PUBLIC CONTRACTS AND INDEBTEDNESS
Ch. 39.42STATE BONDS, NOTES, AND OTHER EVIDENCES OF INDEBTEDNESS
This text of Washington § 39.42.130 (Aggregate state debt not to exceed debt limitation—State finance committee duties.) 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 § 39.42.130 (2026).
Text
(1)The state shall not contract any bonds, notes, or other evidences of indebtedness for borrowed money that would cause the aggregate state debt to exceed the debt limitation, as specified in Article VIII, section 1(b) of the state Constitution.
(2)It shall be the duty of the state finance committee to compute annually the amount required to pay principal of and interest on outstanding debt.
(3)To the extent necessary because of the state constitutional debt limitation, priorities with respect to the issuance or guaranteeing of bonds, notes, or other evidences of indebtedness by the state shall be determined by the state finance committee.
Effective date — 2009 c 500: See note following RCW 39.42.070 .
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Related
§ 39.42.070
Washington § 39.42.070
Legislative History
[2009 c 500 s 2.]
Nearby Sections
15
§ 39.04.010
Definitions.§ 39.04.015
Adjustment to bid price—Conditions.§ 39.04.050
Contents of original estimates.§ 39.04.060
Supplemental estimates.§ 39.04.070
Account and record of cost.§ 39.04.107
Competitive bidding—Bidder claiming error.§ 39.04.110
Penalty for false entries.§ 39.04.130
Application of RCW39.04.120.Cite This Page — Counsel Stack
Bluebook (online)
Washington § 39.42.130, Counsel Stack Legal Research, https://law.counselstack.com/statute/wa/39.42.130.