Washington § 53.40.020 - Purposes for which bonds may be issued and sold.

Full text of Washington Revised Code of Washington § 53.40.020 — Purposes for which bonds may be issued and sold., with citation guidance and answers to common questions.

§ 53.40.020. Purposes for which bonds may be issued and sold.

All such revenue bonds authorized under the terms of this chapter may be issued and sold by the port district from time to time and in such amounts as is deemed necessary by the port commission to provide sufficient funds for the carrying out of all port district powers, and without limiting the generality thereof, shall include the following: Acquisition, construction, reconstruction, maintenance, repair, additions and operation of port properties and facilities, including in the cost thereof engineering, inspection, accounting, fiscal and legal expenses; the cost of issuance of bonds, including printing, engraving and advertising and other similar expenses; payment of interest on the outstanding bonds issued for any project during the period of actual construction and for six months after the completion thereof, and the proceeds of such bond issue are hereby made available for all such purposes. "Port property and facilities," as used in this section, includes facilities for the freezing or processing of agricultural products.
[ 1987 c 289 s 2; 1959 c 183 s 2; 1957 c 59 s 3. Prior: 1949 c 122 s 2, part; Rem. Supp. 1949 s 9711-2, part.]

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

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Frequently Asked Questions About Washington § 53.40.020

What does Revised Code of Washington § 53.40.020 cover?

Section 53.40.020 ("Purposes for which bonds may be issued and sold.") 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 § 53.40.020?

A common citation format is "Revised Code of Washington § 53.40.020" (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 § 53.40.020 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

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