Washington § 57.20.130 - Bonds — Payment of interest.

Full text of Washington Revised Code of Washington § 57.20.130 — Bonds — Payment of interest., with citation guidance and answers to common questions.

§ 57.20.130. Bonds — Payment of interest.

Any coupons for the payment of interest on bonds of any district shall be considered for all purposes as warrants drawn upon the general fund of the district issuing such bonds, and when presented to the treasurer of the county having custody of the funds of such district at maturity, or thereafter, and when so presented, if there are not funds in the treasury to pay the coupons, it shall be the duty of the county treasurer to endorse the coupons as presented for payment, in the same manner as county warrants are indorsed, and thereafter the coupons shall bear interest at the same rate as the bonds to which they were attached. When there are no funds in the treasury to make interest payments on bonds not having coupons, the overdue interest payment shall continue bearing interest at the bond rate until it is paid, unless otherwise provided in the proceedings authorizing the sale of the bonds.
[ 1996 c 230 s 715; 1983 c 167 s 167; 1929 c 114 s 22; RRS s 11599. Cf. 1913 c 161 s 21.]

Notes

Part headings not law—Effective date—1996 c 230: See notes following RCW 57.02.001.
Liberal construction—Severability—1983 c 167: See RCW 39.46.010 and note following.

Source: official Washington text · Last verified 2026-08-27

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Frequently Asked Questions About Washington § 57.20.130

What does Revised Code of Washington § 57.20.130 cover?

Section 57.20.130 ("Bonds — Payment of interest.") 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 § 57.20.130?

A common citation format is "Revised Code of Washington § 57.20.130" (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 § 57.20.130 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.