Washington § 47.02.160 - District 1 headquarters bonds — Statement of general obligation — Pledge of excise taxes and vehicle-related fees.

Full text of Washington Revised Code of Washington § 47.02.160 — District 1 headquarters bonds — Statement of general obligation — Pledge of excise taxes and vehicle-related fees., with citation guidance and answers to common questions.

§ 47.02.160. District 1 headquarters bonds — Statement of general obligation — Pledge of excise taxes and vehicle-related fees.

Bonds issued under the authority of RCW 47.02.120 through 47.02.190 must distinctly state that they are a general obligation of the state of Washington, must pledge the full faith and credit of the state to the payment of the principal thereof and the interest thereon, and must contain an unconditional promise to pay such principal and interest as the same becomes due. The principal and interest on the bonds must be first payable in the manner provided in RCW 47.02.120 through 47.02.190 from the proceeds of the state excise taxes on motor vehicle and special fuels imposed by chapter 82.38 RCW and vehicle-related fees. Proceeds of such excise taxes and vehicle-related fees are hereby pledged to the payment of any bonds and the interest thereon issued under the authority of RCW 47.02.120 through 47.02.190, and the legislature agrees to continue to impose these excise taxes on motor vehicle and special fuels and vehicle-related fees in amounts sufficient to pay, when due, the principal and interest on all bonds issued under the authority of RCW 47.02.120 through 47.02.190.
[ 2022 c 103 s 26; 2013 c 225 s 611; 1995 c 274 s 5; 1990 c 293 s 5.]

Notes

Intent—2022 c 103: See note following RCW 47.10.908.
Applicability—2022 c 103: See note following RCW 47.10.883.
Effective date—2013 c 225: See note following RCW 82.38.010.
Severability—1990 c 293: See note following RCW 47.02.120.

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

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Frequently Asked Questions About Washington § 47.02.160

What does Revised Code of Washington § 47.02.160 cover?

Section 47.02.160 ("District 1 headquarters bonds — Statement of general obligation — Pledge of excise taxes and vehicle-related fees.") 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.

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A common citation format is "Revised Code of Washington § 47.02.160" (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.

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Sources & Verification

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