Washington § 47.60.580 - Bonds — Terms — Principal and interest payable from proceeds of state excise taxes on motor vehicle and special fuels.

Full text of Washington Revised Code of Washington § 47.60.580 — Bonds — Terms — Principal and interest payable from proceeds of state excise taxes on motor vehicle and special fuels., with citation guidance and answers to common questions.

§ 47.60.580. Bonds — Terms — Principal and interest payable from proceeds of state excise taxes on motor vehicle and special fuels.

Bonds issued under the provisions of RCW 47.60.560 must distinctly 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 thereof and the interest thereon, and must contain an unconditional promise to pay such principal and interest as the same becomes due. The principal of and interest on such bonds must be first payable in the manner provided in RCW 47.60.560 through 47.60.640 from the proceeds of the state excise taxes on motor vehicle and special fuels imposed by chapter 82.38 RCW. Proceeds of such excise taxes are hereby pledged to the payment of any bonds and the interest thereon issued under the provisions of RCW 47.60.560 through 47.60.640 and the legislature hereby agrees to continue to impose the same excise taxes on motor vehicle and special fuels in amounts sufficient to pay, when due, the principal and interest on all bonds issued under the provisions of RCW 47.60.560 through 47.60.640.
[ 2013 c 225 s 635; 1995 c 274 s 18; 1977 ex.s. c 360 s 3.]

Notes

Effective date—2013 c 225: See note following RCW 82.38.010.
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 § 47.60.580

What does Revised Code of Washington § 47.60.580 cover?

Section 47.60.580 ("Bonds — Terms — Principal and interest payable from proceeds of state excise taxes on motor vehicle and special fuels.") 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 § 47.60.580?

A common citation format is "Revised Code of Washington § 47.60.580" (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 § 47.60.580 apply to my situation?

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