Washington § 28A.315.255 - Adjustment of indebtedness.

Full text of Washington Revised Code of Washington § 28A.315.255 — Adjustment of indebtedness., with citation guidance and answers to common questions.

§ 28A.315.255. Adjustment of indebtedness.

(1) The fact of the issuance of bonds by a school district, heretofore or hereafter, does not prevent changes in the organization and extent of school districts, regardless of whether or not such bonds or any part thereof are outstanding at the time of change.
(2) In case of any change:
(a) The bonded indebtedness outstanding against any school district involved in or affected by such change shall be adjusted equitably among the old school districts and the new district or districts, if any, involved or affected; and
(b) The property and other assets and the liabilities other than bonded indebtedness of any school district involved in or affected by any such change shall also be adjusted in the manner and to the effect provided for in this section, except if all the territory of an old school district is included in a single new district or is annexed to a single existing district, in which event the title to the property and other assets and the liabilities other than bonded indebtedness of the old district vests in and becomes the assets and liabilities of the new district or of the existing district, as applicable.
[ 1999 c 315 s 702.]

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

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Frequently Asked Questions About Washington § 28A.315.255

What does Revised Code of Washington § 28A.315.255 cover?

Section 28A.315.255 ("Adjustment of indebtedness.") 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 § 28A.315.255?

A common citation format is "Revised Code of Washington § 28A.315.255" (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 § 28A.315.255 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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