Washington § 47.56.242 - Liquidation and closure of facility accounts upon removal of tolls — Transfer to motor vehicle fund.

Full text of Washington Revised Code of Washington § 47.56.242 — Liquidation and closure of facility accounts upon removal of tolls — Transfer to motor vehicle fund., with citation guidance and answers to common questions.

§ 47.56.242. Liquidation and closure of facility accounts upon removal of tolls — Transfer to motor vehicle fund.

The department is authorized to liquidate and close toll facility trust and other facility accounts established outside the state treasury under chapter 47.56 RCW after the removal of tolls from the facility for which the accounts were established. Any balance remaining in the accounts shall thereupon be transferred to the motor vehicle fund. In addition, the department may, after the removal of tolls from a particular facility or facilities, require that all moneys transferred to the place of payment named in the revenue bonds, for the purpose of paying principal or interest or for redemption of the bonds not then expended for such purpose, be returned to the state treasurer for deposit in the motor vehicle fund.
[ 1984 c 7 s 266; 1967 ex.s. c 145 s 48.]

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

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Frequently Asked Questions About Washington § 47.56.242

What does Revised Code of Washington § 47.56.242 cover?

Section 47.56.242 ("Liquidation and closure of facility accounts upon removal of tolls — Transfer to motor vehicle fund.") 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 § 47.56.242?

A common citation format is "Revised Code of Washington § 47.56.242" (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 § 47.56.242 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.