Washington § 52.16.061 - General obligation bonds — Issuance — Limitations.

Full text of Washington Revised Code of Washington § 52.16.061 — General obligation bonds — Issuance — Limitations., with citation guidance and answers to common questions.

§ 52.16.061. General obligation bonds — Issuance — Limitations.

The board of fire commissioners of the district shall have authority to contract indebtedness and to refund same for any general district purpose, including expenses of maintenance, operation and administration, and the acquisition of firefighting facilities, and evidence the same by the issuance and sale of general obligation bonds of the district payable at such time or times not longer than twenty years from the issuing date of the bonds. Such bonds shall be issued and sold in accordance with chapter 39.46 RCW. Such bonds shall not exceed an amount, together with any outstanding nonvoter approved general obligation indebtedness, equal to three-eighths of one percent of the value of the taxable property within the fire protection district, as the term "value of the taxable property" is defined in RCW 39.36.015.
[ 1993 c 231 s 1; 1984 c 186 s 39; 1983 c 167 s 122; 1970 ex.s. c 56 s 66; 1969 ex.s. c 232 s 89; 1955 c 134 s 2; 1953 c 176 s 3.]

Notes

Purpose—1984 c 186: See note following RCW 39.46.110.
Liberal construction—Severability—1983 c 167: See RCW 39.46.010 and note following.
Purpose—1970 ex.s. c 56: See note following RCW 39.52.020.
Validation—Saving—Severability—1969 ex.s. c 232: See notes following RCW 39.52.020.

Related Washington Legal Topics

Frequently Asked Questions About Washington § 52.16.061

What does Revised Code of Washington § 52.16.061 cover?

Section 52.16.061 ("General obligation bonds — Issuance — Limitations.") 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 § 52.16.061?

A common citation format is "Revised Code of Washington § 52.16.061" (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 § 52.16.061 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.