Washington § 70A.210.060 - Proceeds of bonds are separate trust funds — Municipal treasurer, compensation.

Full text of Washington Revised Code of Washington § 70A.210.060 — Proceeds of bonds are separate trust funds — Municipal treasurer, compensation., with citation guidance and answers to common questions.

§ 70A.210.060. Proceeds of bonds are separate trust funds — Municipal treasurer, compensation.

The proceeds of any bonds heretofore or hereafter issued in conformity with the authority of this chapter, together with interest and premiums thereon, and any revenues used to pay or redeem any of such bonds, together with interest and any premiums thereon, shall be separate trust funds and used only for the purposes permitted herein and shall not be considered to be money of the municipality. The services of the treasurer of a municipality, if such treasurer is or has been used, were and are intended to be for the administrative convenience of receipt and payment of nonpublic moneys only for which reasonable compensation may be charged by such treasurer or municipality.
[ 1975 c 6 s 2. Formerly RCW 70.95A.045.]

Notes

Port districts—Pollution control facilities or other industrial development—Validation: RCW 53.08.041.

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

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Frequently Asked Questions About Washington § 70A.210.060

What does Revised Code of Washington § 70A.210.060 cover?

Section 70A.210.060 ("Proceeds of bonds are separate trust funds — Municipal treasurer, compensation.") 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.

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