Washington § 47.60.570 - Disposition of proceeds from sale of bonds.

Full text of Washington Revised Code of Washington § 47.60.570 — Disposition of proceeds from sale of bonds., with citation guidance and answers to common questions.

§ 47.60.570. Disposition of proceeds from sale of bonds.

The proceeds from the sale of the bonds shall be deposited in the Puget Sound capital construction account of the motor vehicle fund and such proceeds shall be available only for the purposes enumerated in RCW 47.60.560, for the payment of bond anticipation notes, if any, and for the payment of the expense incurred in the drafting, printing, issuance, and sale of such bonds. The costs of obtaining insurance, letters of credit, or other credit enhancement devices with respect to the bonds shall be considered to be expenses incurred in the issuance and sale of the bonds.
[ 1986 c 290 s 9; 1977 ex.s. c 360 s 2.]

Notes

Severability—1977 ex.s. c 360: See note following RCW 47.60.560.

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

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Frequently Asked Questions About Washington § 47.60.570

What does Revised Code of Washington § 47.60.570 cover?

Section 47.60.570 ("Disposition of proceeds from sale of bonds.") 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 § 47.60.570?

A common citation format is "Revised Code of Washington § 47.60.570" (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 § 47.60.570 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.