Washington § 35.45.020 - Bond issue — Due date — Interest.

Full text of Washington Revised Code of Washington § 35.45.020 — Bond issue — Due date — Interest., with citation guidance and answers to common questions.

§ 35.45.020. Bond issue — Due date — Interest.

Local improvement bonds shall be issued pursuant to ordinance and shall be made payable on or before a date not to exceed thirty years from and after the date of issue, which latter date may be fixed by ordinance or resolution of the council, and bear interest at such rate or rates as authorized by the council. The council may, in addition to issuing bonds callable under the provisions of RCW 35.45.050 whenever sufficient moneys are available, issue bonds with a fixed maturity schedule or with a fixed maximum annual retirement schedule.
[ 1971 ex.s. c 116 s 10; 1970 ex.s. c 56 s 35; 1969 ex.s. c 258 s 11; 1969 c 81 s 1; 1965 c 7 s 35.45.020. Prior: 1917 c 139 s 1, part; 1915 c 168 s 4, part; 1911 c 98 s 47, part; 1899 c 124 s 2, part; RRS s 9400, part.]

Notes

Purpose—1970 ex.s. c 56: See note following RCW 39.52.020.
Rights not impaired—1969 c 81: "No phrase, clause, subdivision or section of this 1969 amendatory act shall be construed to impair the rights of bondholders as to any bonds issued prior to the effective date of this 1969 amendatory act." [ 1969 c 81 s 2.]

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Frequently Asked Questions About Washington § 35.45.020

What does Revised Code of Washington § 35.45.020 cover?

Section 35.45.020 ("Bond issue — Due date — Interest.") 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 § 35.45.020?

A common citation format is "Revised Code of Washington § 35.45.020" (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 § 35.45.020 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.