Washington § 67.28.150 - Issuance of general obligation bonds — Maturity — Methods of payment.

Full text of Washington Revised Code of Washington § 67.28.150 — Issuance of general obligation bonds — Maturity — Methods of payment., with citation guidance and answers to common questions.

§ 67.28.150. Issuance of general obligation bonds — Maturity — Methods of payment.

To carry out the purposes of this chapter including, but not limited to, financing loans or grants to nonprofit organizations or public housing authorities for affordable workforce housing within one-half mile of a transit station, any municipality has the power to issue general obligation bonds within the limitations now or hereafter prescribed by the laws of this state. Such general obligation bonds must be authorized, executed, issued, and made payable as other general obligation bonds of such municipality. However, the governing body of such municipality may provide that such bonds mature in not to exceed forty years from the date of their issue, may provide that such bonds also be made payable from any special taxes provided for in this chapter and may pledge such special taxes to the repayment of the bonds, and may provide that such bonds also be made payable from any otherwise unpledged revenue, which may be derived from the ownership or operation of any properties.
[ 2015 c 102 s 1; 1997 c 452 s 9; 1984 c 186 s 56; 1967 c 236 s 8.]

Notes

Intent—Severability—1997 c 452: See notes following RCW 67.28.080.
Savings—1997 c 452: See note following RCW 67.28.181.
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 § 67.28.150

What does Revised Code of Washington § 67.28.150 cover?

Section 67.28.150 ("Issuance of general obligation bonds — Maturity — Methods of payment.") 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 § 67.28.150?

A common citation format is "Revised Code of Washington § 67.28.150" (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 § 67.28.150 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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