Washington § 39.94.010 - Purposes — Construction.

Full text of Washington Revised Code of Washington § 39.94.010 — Purposes — Construction., with citation guidance and answers to common questions.

§ 39.94.010. Purposes — Construction.

The purposes of this chapter are to confirm the authority of the state, its agencies, departments, and instrumentalities, the state board for community and technical colleges, and the state institutions of higher education to enter into contracts for the acquisition of real and personal property which provide for payments over a term of more than one year and to exclude such contracts from the computation of indebtedness under Article VIII, section 1 of the state Constitution. It is further the purpose of this chapter to permit the state, its agencies, departments, and instrumentalities, the state board for community and technical colleges, and the state institutions of higher education to enter into financing contracts which make provision for the issuance of certificates of participation and other financing structures. Financing contracts of the state, whether or not entered into under this chapter, shall be subject to approval by the state finance committee except as provided in this chapter.
This chapter shall be liberally construed to effect its purposes.
[ 2009 c 500 s 6; 1998 c 291 s 2; 1989 c 356 s 1.]

Notes

Effective date—2009 c 500: See note following RCW 39.42.070.
Application—1998 c 291: See note following RCW 39.94.050.

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Frequently Asked Questions About Washington § 39.94.010

What does Revised Code of Washington § 39.94.010 cover?

Section 39.94.010 ("Purposes — 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 § 39.94.010?

A common citation format is "Revised Code of Washington § 39.94.010" (Washington). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

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 § 39.94.010 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.