Washington § 47.10.862 - Administration and amount of sale.

Full text of Washington Revised Code of Washington § 47.10.862 — Administration and amount of sale., with citation guidance and answers to common questions.

§ 47.10.862. Administration and amount of sale.

Upon the request of the secretary of the department of transportation, as appropriate, the state finance committee shall supervise and provide for the issuance, sale, and retirement of the bonds in RCW 47.10.861 through 47.10.866 in accordance with chapter 39.42 RCW. Bonds authorized by RCW 47.10.861 through 47.10.866 shall be sold in the manner, at time or times, in amounts, and at the price as the state finance committee shall determine. No bonds may be offered for sale without prior legislative appropriation of the net proceeds of the sale of the bonds.
The state finance committee shall consider the issuance of short-term obligations in lieu of long-term obligations for the purposes of more favorable interest rates, lower total interest costs, and increased marketability and for the purpose of retiring the bonds during the life of the project for which they were issued.
[ 2006 c 334 s 32; 2003 c 147 s 2.]

Notes

Effective date—2006 c 334: See note following RCW 47.01.051.
Effective date—2003 c 147: See note following RCW 47.10.861.

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

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Frequently Asked Questions About Washington § 47.10.862

What does Revised Code of Washington § 47.10.862 cover?

Section 47.10.862 ("Administration and amount of sale.") 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 § 47.10.862?

A common citation format is "Revised Code of Washington § 47.10.862" (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 § 47.10.862 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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