Washington Statutes
§ 39.53.130 — Amendment of power contracts pursuant to refunding of certain bond issues.
Washington § 39.53.130
This text of Washington § 39.53.130 (Amendment of power contracts pursuant to refunding of certain bond issues.) 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 § 39.53.130 (2026).
Text
If bonds are to be issued under this chapter for refunding of any bonds issued specifically to finance any electric power and energy project or facility and there are contracts in existence for the sale of electric power and energy generated by such project or facility wherein the cost of power to a purchaser specifically includes a portion of the debt service on the bonds to be refunded, such power contracts shall be amended to reflect in each year during the remaining terms of such contracts that portion of the savings to be realized from such refunding during each such year equal to the percentage of power output from such project or facility purchased by the purchaser under such power contracts. Nothing in this chapter shall be construed to alter, modify or change any such power contra
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Legislative History
[1965 ex.s. c 138 s 15.]
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 § 39.53.130, Counsel Stack Legal Research, https://law.counselstack.com/statute/wa/39.53.130.