Washington § 70.44.130 - Bonds — Payment — Security for deposits.

Full text of Washington Revised Code of Washington § 70.44.130 — Bonds — Payment — Security for deposits., with citation guidance and answers to common questions.

§ 70.44.130. Bonds — Payment — Security for deposits.

The principal and interest of such general bonds shall be paid by levying each year a tax upon the taxable property within the district sufficient, together with other revenues of the district available for such purpose, to pay said interest and principal of said bonds, which tax shall be due and collectible as any other tax. All bonds and warrants issued under the authority of this chapter shall be legal securities, which may be used by any bank or trust company for deposit with the state treasurer, or any county or city treasurer, as security for deposits, in lieu of a surety bond, under any law relating to deposits of public moneys.
[ 1984 c 186 s 61; 1971 ex.s. c 218 s 3; 1945 c 264 s 14; Rem. Supp. 1945 s 6090-43.]

Notes

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

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Frequently Asked Questions About Washington § 70.44.130

What does Revised Code of Washington § 70.44.130 cover?

Section 70.44.130 ("Bonds — Payment — Security for deposits.") 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 § 70.44.130?

A common citation format is "Revised Code of Washington § 70.44.130" (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 § 70.44.130 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.