Washington § 43.180.180 - Bond issues — Disposition of revenues — Special trust fund.

Full text of Washington Revised Code of Washington § 43.180.180 — Bond issues — Disposition of revenues — Special trust fund., with citation guidance and answers to common questions.

§ 43.180.180. Bond issues — Disposition of revenues — Special trust fund.

All revenues received by the commission including funds received from contributions or grants or in any other form to pay principal of and interest on bonds or for other bond requirements such as reserves shall be deposited by the commission in any trust company, savings bank, savings and loan association, or bank having the powers of a trust company within or without the state, to the credit of a special trust fund or funds. The commission may establish a bond fund or funds, and a reserve, sinking fund and other accounts therein, for payment of principal and interest and for other special requirements of the bonds as determined by the commission. In lieu of the commission receiving and handling these moneys as outlined in this section, the commission may appoint trustees, depositaries, paying agents, and other financial institutions to perform the functions outlined and to receive, hold, disburse, invest, and reinvest such funds on its behalf and for the protection of the bondholders. Such revenues and funds, whether received and held by the commission or by others on its behalf, shall not be or constitute public funds of the state of Washington but at all times shall be kept segregated and apart from all other funds.
[ 1983 c 161 s 18.]

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

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Frequently Asked Questions About Washington § 43.180.180

What does Revised Code of Washington § 43.180.180 cover?

Section 43.180.180 ("Bond issues — Disposition of revenues — Special trust fund.") 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 § 43.180.180?

A common citation format is "Revised Code of Washington § 43.180.180" (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 § 43.180.180 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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