Washington § 35.104.070 - General indebtedness — General obligation bonds.

Full text of Washington Revised Code of Washington § 35.104.070 — General indebtedness — General obligation bonds., with citation guidance and answers to common questions.

§ 35.104.070. General indebtedness — General obligation bonds.

(1) A local government that creates a health sciences and services authority may incur general indebtedness, and issue general obligation bonds, to finance the grants and other programs and retire the indebtedness in whole or in part from the funds distributed pursuant to RCW 82.14.480 and subject to the following requirements:
(a) The ordinance adopted by the local government creating the authority and authorizing the use of the excise tax in RCW 82.14.480 indicates an intent to incur this indebtedness and the maximum amount of this indebtedness that is contemplated; and
(b) The local government includes this statement of the intent in all notices.
(2) The general indebtedness incurred under this section may be payable from other tax revenues, the full faith and credit of the sponsoring local government, and nontax income, revenues, fees, and rents from the public improvements, as well as contributions, grants, and nontax money available to the local government for payment of costs of the grants and other programs or associated debt service on the general indebtedness.
[ 2007 c 251 s 7.]

Notes

Captions not law—Severability—2007 c 251: See notes following RCW 35.104.010.

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

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Frequently Asked Questions About Washington § 35.104.070

What does Revised Code of Washington § 35.104.070 cover?

Section 35.104.070 ("General indebtedness — General obligation 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 § 35.104.070?

A common citation format is "Revised Code of Washington § 35.104.070" (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 § 35.104.070 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

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