Washington § 54.24.060 - Sale, delivery of revenue obligations.

Full text of Washington Revised Code of Washington § 54.24.060 — Sale, delivery of revenue obligations., with citation guidance and answers to common questions.

§ 54.24.060. Sale, delivery of revenue obligations.

(1) Such utility revenue obligations shall be sold and delivered in such manner, at such rate or rates of interest and for such price or prices and at such time or times as the commission shall deem for the best interests of the district. The commission may, if it deem it to the best interest of the district, provide in any contract for the construction or acquisition of the public utility, or the additions or betterments thereto or extensions thereof, that payment therefor shall be made only in such revenue obligations at the par value thereof.
(2) Notwithstanding subsection (1) of this section, such obligations may be issued and sold in accordance with chapter 39.46 RCW.
[ 1983 c 167 s 150; 1970 ex.s. c 56 s 78; 1969 ex.s. c 232 s 83; 1959 c 218 s 7; 1941 c 182 s 4; Rem. Supp. 1941 s 11611-4.]

Notes

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.

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

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Frequently Asked Questions About Washington § 54.24.060

What does Revised Code of Washington § 54.24.060 cover?

Section 54.24.060 ("Sale, delivery of revenue 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.

How do I cite Washington § 54.24.060?

A common citation format is "Revised Code of Washington § 54.24.060" (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 § 54.24.060 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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