Washington § 43.88.265 - Construction accounts — Exception to certain accounting requirements.

Full text of Washington Revised Code of Washington § 43.88.265 — Construction accounts — Exception to certain accounting requirements., with citation guidance and answers to common questions.

§ 43.88.265. Construction accounts — Exception to certain accounting requirements.

In order to comply with the provisions of the federal tax reform act of 1986, construction accounts that receive bond proceeds are exempt from RCW 43.88.050, 43.88.110, and 43.88.260 and may incur seasonal cash deficits pending the sale of bonds or bond anticipation notes subject to the following conditions:
(1) The respective account has unexpended appropriation authority.
(2) There are authorized unissued bonds available for sale by the state finance committee under direction to deposit the proceeds of the sale in the respective account.
(3) The bonds are of an amount that would remedy the cash deficit if the bonds were sold.
[ 1989 1st ex.s. c 14 s 18.]

Notes

Effective dates—1989 1st ex.s. c 14: See RCW 43.99H.901.

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

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Frequently Asked Questions About Washington § 43.88.265

What does Revised Code of Washington § 43.88.265 cover?

Section 43.88.265 ("Construction accounts — Exception to certain accounting requirements.") 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 § 43.88.265?

A common citation format is "Revised Code of Washington § 43.88.265" (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?

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