Washington § 53.44.010 - Funding and refunding authorized.

Full text of Washington Revised Code of Washington § 53.44.010 — Funding and refunding authorized., with citation guidance and answers to common questions.

§ 53.44.010. Funding and refunding authorized.

The board of commissioners of any port district of the state may fund or refund any of the general bonded indebtedness and/or warrants of the district now or hereafter existing and accrued interest thereon, and may combine various series and/or issues of warrants and/or bonds into a single issue of funding or refunding bonds, by the issuance of general obligation funding or refunding bonds, when the board, by resolution, finds, determines, and declares that such proposed funding or refunding will inure to the benefit and credit of the district and will not result in an increase of the district's indebtedness or in an increase in the rate of interest borne by the indebtedness so funded or refunded. Such funding or refunding may be accomplished by the sale of said funding or refunding bonds or by their exchange for the bonds and/or warrants to be refunded. General obligation bonds of a port district which do not provide for prior redemption, may also be refunded with the consent of the holders thereof. Such bonds shall be issued in accordance with chapter 39.46 RCW.
[ 1984 c 186 s 42; 1947 c 239 s 1; Rem. Supp. 1947 s 5623-1.]

Notes

Purpose—1984 c 186: See note following RCW 39.46.110.

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

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Frequently Asked Questions About Washington § 53.44.010

What does Revised Code of Washington § 53.44.010 cover?

Section 53.44.010 ("Funding and refunding authorized.") 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 § 53.44.010?

A common citation format is "Revised Code of Washington § 53.44.010" (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 § 53.44.010 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.