Washington § 43.79.440 - Loan principal and interest fund.

Full text of Washington Revised Code of Washington § 43.79.440 — Loan principal and interest fund., with citation guidance and answers to common questions.

§ 43.79.440. Loan principal and interest fund.

In order to alleviate temporary cash flow deficiencies in the general fund, it has been and will continue to be necessary to borrow funds through issuance of certificates of indebtedness and to pay interest costs on outstanding certificates of indebtedness and to retire the principal thereof. In order to account for the interest cost of the loans and to pay the principal thereof, there is hereby created in the state treasury the loan principal and interest fund. All principal and interest payments required on certificates of indebtedness will be withdrawn from any general state revenues in the treasury and deposited in the loan principal and interest fund at the time or times required by the terms thereof and such loan principal and interest shall be paid from the loan principal and interest fund according to the terms and schedules established for such certificates.
[ 1983 c 189 s 8.]

Notes

Severability—1983 c 189: See note following RCW 82.24.260.

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

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Frequently Asked Questions About Washington § 43.79.440

What does Revised Code of Washington § 43.79.440 cover?

Section 43.79.440 ("Loan principal and interest 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 § 43.79.440?

A common citation format is "Revised Code of Washington § 43.79.440" (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 § 43.79.440 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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