Washington Statutes
§ 53.40.125 — District may mortgage industrial development facility.
Washington § 53.40.125
This text of Washington § 53.40.125 (District may mortgage industrial development facility.) 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 § 53.40.125 (2026).
Text
The port commission of any port district, as security for the payment of the principal of and interest on any revenue bonds issued and any agreements made in connection therewith, may mortgage, pledge, or otherwise encumber the particular industrial development facility or facilities or any part or parts thereof that are being financed by the revenue bonds, whether then owned or thereafter acquired, and may assign any mortgage and repledge any security conveyed to the port district for that particular facility or facilities.
Free access — add to your briefcase to read the full text and ask questions with AI
Legislative History
[1987 c 289 s 1.]
Nearby Sections
15
§ 53.04.020
Formation of countywide district.§ 53.04.023
Formation of less than countywide district.§ 53.04.031
Initiating petition, commissioner district descriptions—Initial election of commissioners.§ 53.04.060
District declared formed.§ 53.04.070
Expense of election.§ 53.04.080
Annexation of territory—Petition—Election.§ 53.04.085
Petition for annexation to port district.§ 53.04.110
Change of name.Cite This Page — Counsel Stack
Bluebook (online)
Washington § 53.40.125, Counsel Stack Legal Research, https://law.counselstack.com/statute/wa/53.40.125.