Washington Statutes
§ 39.53.090 — Annual maturities of general obligation refunding bonds issued to refund voted general obligation bonds.
Washington § 39.53.090
This text of Washington § 39.53.090 (Annual maturities of general obligation refunding bonds issued to refund voted general obligation bonds.) 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 § 39.53.090 (2026).
Text
The various annual maturities of general obligation refunding bonds issued to refund voted general obligation bonds shall not extend over a longer period of time than the bonds to be refunded. Such maturities may be changed in amount or shortened in term if the estimated respective annual principal and interest requirements of the refunding bonds, computed upon the anticipated effective interest rate the governing body shall in its discretion determine will be borne by such bonds, will not exceed the respective annual principal and interest requirements of the bonds to be refunded, except the issuer may increase the principal amount of annual maturities for the purpose of rounding out maturities to the nearest five thousand dollars.
Application — Construction — Severability — 1999 c 230:
Free access — add to your briefcase to read the full text and ask questions with AI
Related
§ 39.53.010
Washington § 39.53.010
Legislative History
[1999 c 230 s 9;1965 ex.s. c 138 s 10.]
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 § 39.53.090, Counsel Stack Legal Research, https://law.counselstack.com/statute/wa/39.53.090.