Washington Statutes

§ 89.30.430 — Special fund from fixed income—Contents—Pledge of income—Not district obligation.

Washington § 89.30.430
JurisdictionWashington
Title 89RECLAMATION, SOIL CONSERVATION, AND LAND SETTLEMENT
Ch. 89.30RECLAMATION DISTRICTS OF ONE MILLION ACRES

This text of Washington § 89.30.430 (Special fund from fixed income—Contents—Pledge of income—Not district obligation.) 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 § 89.30.430 (2026).

Text

Bonds payable from such special fund shall not be an obligation of the reclamation district and they shall state on their face that they are payable solely from a special fund derived from a certain fixed proportion (naming it) of the gross income derived by the district from the sale, rent or lease of water or power, as the case may be, and such fixed proportion of such gross income shall be irrevocably devoted to the payment of such bonds until the same are fully paid.

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Legislative History

[1927 c 254 s 144; RRS s 7402-144. Formerly RCW89.26.260.]

Nearby Sections

15
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Bluebook (online)
Washington § 89.30.430, Counsel Stack Legal Research, https://law.counselstack.com/statute/wa/89.30.430.