Washington § 47.10.870 Statement of general obligation—Transfer and payment of funds.

Washington Statutes

§ 47.10.870 — Statement of general obligation—Transfer and payment of funds.

Washington § 47.10.870

Title 47PUBLIC HIGHWAYS AND TRANSPORTATION

Ch. 47.10HIGHWAY CONSTRUCTION BONDS

This text of Washington § 47.10.870 (Statement of general obligation—Transfer and payment of 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 § 47.10.870 (2026).

Text

(1)Bonds issued under RCW 47.10.867 must state that they are a general obligation of the state of Washington, must pledge the full faith and credit of the state to the payment of the principal and interest, and must contain an unconditional promise to pay the principal and interest as it becomes due.

(2)The owner and holder of each of the bonds or the trustee for the owner and holder of any of the bonds may by mandamus or other appropriate proceeding require the transfer and payment of funds as directed in this section. Effective date — 2003 c 147: See note following RCW 47.10.861 .

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(1) Bonds issued under RCW 47.10.867 must state that they are a general obligation of the state of Washington, must pledge the full faith and credit of the state to the payment of the principal and interest, and must contain an unconditional promise to pay the principal and interest as it becomes due.

(2) The owner and holder of each of the bonds or the trustee for the owner and holder of any of the bonds may by mandamus or other appropriate proceeding require the transfer and payment of funds as directed in this section.

Effective date — 2003 c 147: See note following RCW 47.10.861 .