Washington § 47.56.190 Toll bridges—Agreement on deposit of funds.

Washington Statutes

§ 47.56.190 — Toll bridges—Agreement on deposit of funds.

Washington § 47.56.190

Title 47PUBLIC HIGHWAYS AND TRANSPORTATION

Ch. 47.56STATE TOLL BRIDGES, TUNNELS, AND FERRIES

This text of Washington § 47.56.190 (Toll bridges—Agreement on deposit 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 § 47.56.190 (2026).

Text

The department may provide in the proceedings authorizing the issuance of bonds or may otherwise agree with the purchasers of bonds regarding the deposit of all moneys constituting the construction fund and the toll revenue fund and provide for the deposit of the money at such times and with such depositaries or paying agents and upon the furnishing of security as meets with the approval of the purchasers of the bonds so long as the depositaries and security provided for or agreed upon are qualified and eligible in accordance with the requirements of law.

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The department may provide in the proceedings authorizing the issuance of bonds or may otherwise agree with the purchasers of bonds regarding the deposit of all moneys constituting the construction fund and the toll revenue fund and provide for the deposit of the money at such times and with such depositaries or paying agents and upon the furnishing of security as meets with the approval of the purchasers of the bonds so long as the depositaries and security provided for or agreed upon are qualified and eligible in accordance with the requirements of law.