Washington § 35.21.440 - Utilities — Additional payments to school districts having bonded indebtedness.

Full text of Washington Revised Code of Washington § 35.21.440 — Utilities — Additional payments to school districts having bonded indebtedness., with citation guidance and answers to common questions.

§ 35.21.440. Utilities — Additional payments to school districts having bonded indebtedness.

In the event any portion of such property shall be situated in any school district which, at the time of acquisition, has an outstanding bonded indebtedness, the city or town may in addition to the payments authorized in RCW 35.21.430, make annual payments to such school district which shall be applied to the retirement of the principal and interest of such bonds. Such payments shall be computed in the proportion which the assessed valuation of utility property so acquired shall bear to the total assessed valuation of the district at the time of the acquisition.
[ 1965 c 7 s 35.21.440. Prior: 1951 c 217 s 2.]

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

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Frequently Asked Questions About Washington § 35.21.440

What does Revised Code of Washington § 35.21.440 cover?

Section 35.21.440 ("Utilities — Additional payments to school districts having bonded 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 § 35.21.440?

A common citation format is "Revised Code of Washington § 35.21.440" (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 § 35.21.440 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.