Washington § 36.76.120 - Payment of principal and interest.

Full text of Washington Revised Code of Washington § 36.76.120 — Payment of principal and interest., with citation guidance and answers to common questions.

§ 36.76.120. Payment of principal and interest.

The county legislative authority must ascertain and levy annually a tax sufficient to pay the interest on all such bonds whenever it becomes due and to meet the annual maturities of principal. The county treasurer must pay out of any money accumulated from the taxes levied to pay the interest as aforesaid, the interest upon all such bonds when it becomes due as provided on the bond or, if coupons are attached to a bond, upon presentation at the place of payment of the proper coupon. Any interest payments or coupons so paid must be reported to the county legislative authority at its first meeting thereafter. Whenever interest is payable at any place other than the city in which the county treasurer keeps his or her office, the county treasurer shall seasonably remit to the state fiscal agent the amount of money required for the payment of any interest which is about to fall due. When any such bonds or any interest is paid, the county treasurer shall suitably and indelibly cancel them.
[ 2009 c 549 s 4125; 1984 c 186 s 33; 1983 c 167 s 92; 1963 c 4 s 36.76.120. Prior: 1913 c 25 s 3; RRS s 5594.]

Notes

Purpose—1984 c 186: See note following RCW 39.46.110.
Liberal construction—Severability—1983 c 167: See RCW 39.46.010 and note following.

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

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Frequently Asked Questions About Washington § 36.76.120

What does Revised Code of Washington § 36.76.120 cover?

Section 36.76.120 ("Payment of principal and 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 § 36.76.120?

A common citation format is "Revised Code of Washington § 36.76.120" (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 § 36.76.120 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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