Washington § 39.96.010 - Findings and declaration.

Full text of Washington Revised Code of Washington § 39.96.010 — Findings and declaration., with citation guidance and answers to common questions.

§ 39.96.010. Findings and declaration.

The legislature finds and declares that the issuance by state and local governments of bonds and other obligations involves exposure to changes in interest rates; that a number of financial instruments are available to lower the net cost of these borrowings, or to reduce the exposure of state and local governments to changes in interest rates; that these reduced costs for state and local governments will benefit taxpayers and ratepayers; and that the legislature desires to provide state and local governments with express statutory authority to take advantage of these instruments. In recognition of the complexity of these financial instruments, the legislature desires that this authority be subject to certain limitations.
[ 2004 c 108 s 1; 2000 c 184 s 1; 1995 c 192 s 1; 1993 c 273 s 1.]

Notes

Effective date—2000 c 184: "This act takes effect July 1, 2000." [ 2000 c 184 s 7.]
Effective date—1995 c 192: "This act is necessary for the immediate preservation of the public peace, health, or safety, or support of the state government and its existing public institutions, and shall take effect July 1, 1995." [ 1995 c 192 s 3.]

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Frequently Asked Questions About Washington § 39.96.010

What does Revised Code of Washington § 39.96.010 cover?

Section 39.96.010 ("Findings and declaration.") 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 § 39.96.010?

A common citation format is "Revised Code of Washington § 39.96.010" (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 § 39.96.010 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

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