Washington § 8.12.450 - Bondholder's remedy limited to assessments.

Full text of Washington Revised Code of Washington § 8.12.450 — Bondholder's remedy limited to assessments., with citation guidance and answers to common questions.

§ 8.12.450. Bondholder's remedy limited to assessments.

Neither the holder nor owner of any bond issued under the authority of this chapter shall have any claim therefor against the city by which the same is issued, except from the special assessment made for the improvement for which such bond was issued, but his or her remedy in case of nonpayment, shall be confined to the enforcement of such assessments. A copy of this section shall be plainly written, printed, or engraved on each bond so issued.
[ 2011 c 336 s 269; 1915 c 154 s 16; RRS s 9268.]

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

Related Washington Legal Topics

Frequently Asked Questions About Washington § 8.12.450

What does Revised Code of Washington § 8.12.450 cover?

Section 8.12.450 ("Bondholder's remedy limited to assessments.") 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 § 8.12.450?

A common citation format is "Revised Code of Washington § 8.12.450" (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 § 8.12.450 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.