Washington § 87.03.500 - Local improvement districts — Payment of bonds.

Full text of Washington Revised Code of Washington § 87.03.500 — Local improvement districts — Payment of bonds., with citation guidance and answers to common questions.

§ 87.03.500. Local improvement districts — Payment of bonds.

In the event of the failure of the lands within the local improvement district to furnish money sufficient for the payment of principal or interest of the bonds or the contract as provided for in RCW 87.03.485 for such local improvement work and there shall be a default in the payment of principal or interest as aforesaid, the amount delinquent shall be paid by the general warrants of the irrigation district at large or, in the event of a contract, by whatever means of payment is called for thereunder, but the lands of the local improvement district shall not thereby become released from liability for special assessment therefor. Such warrants, if issued, shall be redeemed as soon as there shall be available money in the bond redemption fund of the local improvement district.
[ 1970 ex.s. c 70 s 4; 1921 c 129 s 29; 1917 c 162 s 14; RRS s 7464. Formerly RCW 87.36.060.]

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

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Frequently Asked Questions About Washington § 87.03.500

What does Revised Code of Washington § 87.03.500 cover?

Section 87.03.500 ("Local improvement districts — Payment of bonds.") 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 § 87.03.500?

A common citation format is "Revised Code of Washington § 87.03.500" (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 § 87.03.500 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.

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