Washington § 86.09.598 - Utility revenue bonds — Form, terms, interest, etc.

Full text of Washington Revised Code of Washington § 86.09.598 — Utility revenue bonds — Form, terms, interest, etc., with citation guidance and answers to common questions.

§ 86.09.598. Utility revenue bonds — Form, terms, interest, etc.

(1) Said utility bonds shall be numbered consecutively, shall mature in series amortized in a definite schedule during a period not to exceed twenty years from the date of their issuance, shall be in such denominations and form and shall be payable, with annual or semiannual interest at such rate or rates and at such place as the county legislative authority of the county within which the major portion of the district is situated shall provide. Such bonds may be in any form, including bearer bonds or registered bonds as provided in RCW 39.46.030.
(2) Notwithstanding subsection (1) of this section, such bonds may be issued and sold in accordance with chapter 39.46 RCW.
[ 1985 c 396 s 79; 1983 c 167 s 207; 1970 ex.s. c 56 s 94; 1969 ex.s. c 232 s 45; 1937 c 72 s 200; RRS s 9663E-200. Formerly RCW 86.08.800, part.]

Notes

Liberal construction—Severability—1983 c 167: See RCW 39.46.010 and note following.
Purpose—1970 ex.s. c 56: See note following RCW 39.52.020.
Validation—Saving—Severability—1969 ex.s. c 232: See notes following RCW 39.52.020.

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

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What does Revised Code of Washington § 86.09.598 cover?

Section 86.09.598 ("Utility revenue bonds — Form, terms, interest, etc.") 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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