Washington § 28B.35.770 - Refunding bonds.

Full text of Washington Revised Code of Washington § 28B.35.770 — Refunding bonds., with citation guidance and answers to common questions.

§ 28B.35.770. Refunding bonds.

Each board of trustees is hereby empowered to issue refunding bonds to provide funds to refund any or all outstanding bonds payable from the bond retirement fund and to pay any redemption premium payable on such outstanding bonds being refunded. Such refunding bonds may be issued in the manner and on terms and conditions and with the covenants permitted by RCW 28B.35.700 through 28B.35.790 as now or hereafter amended for the issuance of bonds. The refunding bonds shall be payable out of the bond retirement fund and shall not constitute an obligation either general or special, of the state or a general obligation of the college or university of Washington issuing the bonds or the board thereof. The board may exchange the refunding bonds at par for the bonds which are being refunded or may sell them in such manner, at such price and at such rate or rates of interest as it deems for the best interest of the college or university.
[ 1977 ex.s. c 169 s 89; 1970 ex.s. c 56 s 31; 1969 ex.s. c 232 s 105; 1969 ex.s. c 223 s 28B.40.770. Prior: 1961 ex.s. c 14 s 8. Formerly RCW 28B.40.770; 28.81.570.]

Notes

Severability—Nomenclature—Savings—1977 ex.s. c 169: See notes following RCW 28B.10.016.
Purpose—1970 ex.s. c 56: See note following RCW 39.52.020.
Validation—Saving—Severability—1969 ex.s. c 232: See notes following RCW 39.52.020.

Frequently Asked Questions About Washington § 28B.35.770

What does Revised Code of Washington § 28B.35.770 cover?

Section 28B.35.770 ("Refunding 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 § 28B.35.770?

A common citation format is "Revised Code of Washington § 28B.35.770" (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 § 28B.35.770 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.