Washington § 79.22.080 - Utility bonds.

Full text of Washington Revised Code of Washington § 79.22.080 — Utility bonds., with citation guidance and answers to common questions.

§ 79.22.080. Utility bonds.

For the purpose of acquiring and paying for lands for state forests and reforestation as herein provided the department may issue utility bonds of the state of Washington as may hereafter be authorized by the legislature. The bonds shall be known as state forest utility bonds. The principal or interest of the bonds shall not be a general obligation of the state, but shall be payable only from the forest development account. The department may issue the bonds in exchange for lands selected by it in accordance with RCW 79.64.100 and this chapter, or may sell the bonds in such a manner as it deems advisable, and with the proceeds purchase and acquire such lands. Any of the bonds issued in exchange and payment for any particular tract of lands may be made a first and prior lien against the particular land for which they are exchanged, and upon failure to pay the bonds and interest thereon according to their terms, the lien of the bonds may be foreclosed by appropriate court action.
[ 2003 c 334 s 217; 2000 c 11 s 8; 1988 c 128 s 29; 1937 c 104 s 1; 1923 c 154 s 5; RRS s 5812-5. Formerly RCW 76.12.090.]

Notes

Intent—2003 c 334: See note following RCW 79.02.010.

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Frequently Asked Questions About Washington § 79.22.080

What does Revised Code of Washington § 79.22.080 cover?

Section 79.22.080 ("Utility bonds.") 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 § 79.22.080?

A common citation format is "Revised Code of Washington § 79.22.080" (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 § 79.22.080 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.