Washington § 47.10.898 - Proceeds — Deposit and use.

Full text of Washington Revised Code of Washington § 47.10.898 — Proceeds — Deposit and use., with citation guidance and answers to common questions.

§ 47.10.898. Proceeds — Deposit and use.

(1) The proceeds from the sale of bonds authorized by:
(a) RCW 47.10.896(1)(a) shall be deposited in the Interstate 405 and state route number 167 express toll lanes account created in RCW 47.56.884; and
(b) RCW 47.10.896(1)(b) shall be deposited in the Puget Sound Gateway facility account created in RCW 47.56.897.
(2) The bond proceeds shall be available only for the purposes enumerated in section 2, chapter 421, Laws of 2019 [RCW 47.10.896], for the payment of bond anticipation notes or other interim financing, if any, capitalizing interest on the bonds, funding a debt service reserve fund, if any, and for the payment of bond issuance costs, including the costs of underwriting.
[ 2019 c 421 s 4.]

Notes

Intent—Effective date—2019 c 421: See notes following RCW 47.10.896.

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Frequently Asked Questions About Washington § 47.10.898

What does Revised Code of Washington § 47.10.898 cover?

Section 47.10.898 ("Proceeds — Deposit and use.") 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 § 47.10.898?

A common citation format is "Revised Code of Washington § 47.10.898" (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 § 47.10.898 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.