Washington § 39.53.040 - What bonds may be refunded — Refunding plans — Redemption of refunding bonds.

Full text of Washington Revised Code of Washington § 39.53.040 — What bonds may be refunded — Refunding plans — Redemption of refunding bonds., with citation guidance and answers to common questions.

§ 39.53.040. What bonds may be refunded — Refunding plans — Redemption of refunding bonds.

Bonds may be refunded under this chapter or under any other law of this state which authorizes the issuance of refunding bonds. In any refunding plan under this chapter the governing body shall provide irrevocably in the ordinance authorizing the issuance of the advance refunding bonds for the redemption or payment of the bonds to be refunded.
The ordinance authorizing the issuance of refunding bonds under this chapter may contain such provisions for the redemption of the refunding bonds prior to maturity and for payment of a premium upon such redemption as the governing body in its discretion may determine advisable.
[ 1999 c 230 s 4; 1977 ex.s. c 262 s 2; 1973 1st ex.s. c 25 s 3; 1965 ex.s. c 138 s 5.]

Notes

Application—Construction—Severability—1999 c 230: See notes following RCW 39.53.010.

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

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Frequently Asked Questions About Washington § 39.53.040

What does Revised Code of Washington § 39.53.040 cover?

Section 39.53.040 ("What bonds may be refunded — Refunding plans — Redemption of refunding bonds.") 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.

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A common citation format is "Revised Code of Washington § 39.53.040" (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.

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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.

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