Washington § 39.46.160 Revenue bonds—Alternative method of issuance—Bonds may include reserve funds.

Washington Statutes

§ 39.46.160 — Revenue bonds—Alternative method of issuance—Bonds may include reserve funds.

Washington § 39.46.160

Title 39PUBLIC CONTRACTS AND INDEBTEDNESS

Ch. 39.46BONDS—OTHER MISCELLANEOUS PROVISIONS—REGISTRATION

This text of Washington § 39.46.160 (Revenue bonds—Alternative method of issuance—Bonds may include reserve funds.) 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 § 39.46.160 (2026).

Text

Any local government issuing revenue bonds under this section and RCW 39.46.150 may include in the amount of any such issue money for the purpose of establishing, maintaining, or increasing reserve funds to:

(1)Secure the payment of the principal of and interest on such revenue bonds; or

(2)Provide for replacements or renewals of or repairs or betterments to revenue producing facilities; or

(3)Provide for contingencies, including, but not limited to, loss of revenue caused by such contingencies.

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Any local government issuing revenue bonds under this section and RCW 39.46.150 may include in the amount of any such issue money for the purpose of establishing, maintaining, or increasing reserve funds to:

(1) Secure the payment of the principal of and interest on such revenue bonds; or

(2) Provide for replacements or renewals of or repairs or betterments to revenue producing facilities; or

(3) Provide for contingencies, including, but not limited to, loss of revenue caused by such contingencies.