Washington § 39.46.010 - Purposes — Liberal construction.

Full text of Washington Revised Code of Washington § 39.46.010 — Purposes — Liberal construction., with citation guidance and answers to common questions.

§ 39.46.010. Purposes — Liberal construction.

The purposes of this chapter are to permit the state and local governments to conform with registration requirements of federal law which are necessary to exempt interest payments from federal income taxes when the state or local governments issue bonds or incur other obligations and to authorize the establishment and maintenance of differing systems of registering bonds and other obligations as these systems are developed and recognized, which may be instituted, discontinued, and reinstituted from time to time. It is further the purpose of this chapter to grant local governments an alternative flexible authority to structure and sell their bond issues and to include a variety of features on their bonds.
This act shall be liberally construed to effect its purposes.
[ 1983 c 167 s 1.]

Notes

Severability—1983 c 167: "If any provision of this act or its application to any person or circumstance is held invalid, the remainder of the act or the application of the provision to other persons or circumstances is not affected." [ 1983 c 167 s 273.]

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

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Frequently Asked Questions About Washington § 39.46.010

What does Revised Code of Washington § 39.46.010 cover?

Section 39.46.010 ("Purposes — Liberal construction.") 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 § 39.46.010?

A common citation format is "Revised Code of Washington § 39.46.010" (Washington). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

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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.

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