Washington § 47.60.802 - Bonds — 1992 issue — Supervision of sale by state finance committee — Option of short-term obligations.

Full text of Washington Revised Code of Washington § 47.60.802 — Bonds — 1992 issue — Supervision of sale by state finance committee — Option of short-term obligations., with citation guidance and answers to common questions.

§ 47.60.802. Bonds — 1992 issue — Supervision of sale by state finance committee — Option of short-term obligations.

(1) Upon request being made by the transportation commission, the state finance committee shall supervise and provide for the issuance, sale, and retirement of the bonds authorized by RCW 47.60.800 through 47.60.808 in accordance with chapter 39.42 RCW. The bonds may be sold from time to time in such amounts as may be necessary for the purposes under RCW 47.60.800. The bonds shall be sold in such manner, at such time or times, in such amounts, and at such price or prices as the state finance committee shall determine. No such bonds may be offered for sale without prior legislative appropriation of the net proceeds of the sale of the bonds.
(2) The state finance committee shall consider the issuance of short-term obligations in lieu of long-term obligations for the purposes of more favorable interest rates, lower total interest costs, and increased marketability and for the purposes of retiring the bonds during the life of the project for which they were issued.
[ 1992 c 158 s 2.]

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

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Frequently Asked Questions About Washington § 47.60.802

What does Revised Code of Washington § 47.60.802 cover?

Section 47.60.802 ("Bonds — 1992 issue — Supervision of sale by state finance committee — Option of short-term obligations.") 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.

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A common citation format is "Revised Code of Washington § 47.60.802" (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.

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