Washington § 57.20.120 - Additional indebtedness — Ballot proposition.

Full text of Washington Revised Code of Washington § 57.20.120 — Additional indebtedness — Ballot proposition., with citation guidance and answers to common questions.

§ 57.20.120. Additional indebtedness — Ballot proposition.

A district may contract indebtedness in excess of the amount named in RCW 57.20.110, but not exceeding in amount, together with existing indebtedness, two and one-half percent of the value of the taxable property in that district, as the term "value of the taxable property" is defined in RCW 39.36.015, and impose excess property tax levies to retire the indebtedness whenever a ballot proposition authorizing the indebtedness and excess levies is approved as provided under Article VII, section 2, and Article VIII, section 6, of the state Constitution, at an election to be held in the district in the manner provided by this title and RCW 39.36.050.
[ 1999 c 153 s 17; 1996 c 230 s 714; 1984 c 186 s 55; 1970 ex.s. c 42 s 36; 1929 c 114 s 20; RRS s 11597. Cf. 1913 c 161 s 19.]

Notes

Part headings not law—1999 c 153: See note following RCW 57.04.050.
Part headings not law—Effective date—1996 c 230: See notes following RCW 57.02.001.
Purpose—1984 c 186: See note following RCW 39.46.110.
Severability—Effective date—1970 ex.s. c 42: See notes following RCW 39.36.015.

Frequently Asked Questions About Washington § 57.20.120

What does Revised Code of Washington § 57.20.120 cover?

Section 57.20.120 ("Additional indebtedness — Ballot proposition.") is part of the Revised Code of Washington, the codified statutory law of Washington. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Washington § 57.20.120?

A common citation format is "Revised Code of Washington § 57.20.120" (Washington). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Washington law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Washington official source linked on this page or consult a licensed Washington attorney.

How does Washington § 57.20.120 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Washington can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Washington.