Washington § 47.10.870 - Statement of general obligation — Transfer and payment of funds.

Full text of Washington Revised Code of Washington § 47.10.870 — Statement of general obligation — Transfer and payment of funds., with citation guidance and answers to common questions.

§ 47.10.870. Statement of general obligation — Transfer and payment of funds.

(1) Bonds issued under RCW 47.10.867 must 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 and interest, and must contain an unconditional promise to pay the principal and interest as it becomes due.
(2) The owner and holder of each of the bonds or the trustee for the owner and holder of any of the bonds may by mandamus or other appropriate proceeding require the transfer and payment of funds as directed in this section.
[ 2003 c 147 s 10.]

Notes

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 § 47.10.870

What does Revised Code of Washington § 47.10.870 cover?

Section 47.10.870 ("Statement of general obligation — Transfer and payment of funds.") 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 § 47.10.870?

A common citation format is "Revised Code of Washington § 47.10.870" (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 § 47.10.870 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

Not legal advice. Verify against the official source and consult a licensed attorney in Washington.