Washington § 47.26.407 - Bonds — Sums in excess of retirement requirements — Use.

Full text of Washington Revised Code of Washington § 47.26.407 — Bonds — Sums in excess of retirement requirements — Use., with citation guidance and answers to common questions.

§ 47.26.407. Bonds — Sums in excess of retirement requirements — Use.

Whenever the percentage of the motor vehicle fund arising from excise taxes on motor vehicle fuels payable into the bond retirement fund, shall prove more than is required for the payment of interest on bonds when due, or current retirement of bonds, any excess may, in the discretion of the state finance committee, be available for the prior redemption of any bonds or remain available in the fund to reduce the requirements upon the fuel excise tax portion of the motor vehicle fund at the next interest or bond payment period.
[ 1967 ex.s. c 83 s 43.]

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

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Frequently Asked Questions About Washington § 47.26.407

What does Revised Code of Washington § 47.26.407 cover?

Section 47.26.407 ("Bonds — Sums in excess of retirement requirements — 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 § 47.26.407?

A common citation format is "Revised Code of Washington § 47.26.407" (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 § 47.26.407 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.