Washington § 35.56.160 - Local improvement fund — Investment.

Full text of Washington Revised Code of Washington § 35.56.160 — Local improvement fund — Investment., with citation guidance and answers to common questions.

§ 35.56.160. Local improvement fund — Investment.

If money accumulates in an improvement fund and is likely to lie idle waiting the maturity of the bonds against the district, the city council or commission, under proper safeguards, may invest it temporarily, or may borrow it temporarily, at a reasonable rate of interest, but when so invested or borrowed, the city shall be responsible and liable for the restoration to such fund of the money so invested or borrowed with interest thereon, whenever required for the redemption of bonds maturing against such district.
[ 1965 c 7 s 35.56.160. Prior: 1913 c 16 s 15; RRS s 9463.]

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

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Frequently Asked Questions About Washington § 35.56.160

What does Revised Code of Washington § 35.56.160 cover?

Section 35.56.160 ("Local improvement fund — Investment.") 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 § 35.56.160?

A common citation format is "Revised Code of Washington § 35.56.160" (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 § 35.56.160 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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