Washington § 87.03.235 - Rights of federal agencies as to certain district bonds.

Full text of Washington Revised Code of Washington § 87.03.235 — Rights of federal agencies as to certain district bonds., with citation guidance and answers to common questions.

§ 87.03.235. Rights of federal agencies as to certain district bonds.

If the United States under any act of congress or under rules and regulations adopted by the secretary of the interior, shall be willing to guarantee the interest upon bonds of any irrigation district, or shall be willing to receive bonds of any such district in payment of, or as security for payment upon, any contract of the United States, then the United States shall have all the remedies given by law to a bondholder, and, in cases of payment under any guaranty, the United States shall be subrogated to all the rights and remedies of the bondholder to the extent of any such payment; and the United States, or its proper department officers, may make such rules and regulations as may be necessary for the purpose of insuring the carrying out of any plan or project which may have been approved by them as the basis of any guaranty.
[ 1915 c 99 s 6; RRS s 7435. Formerly RCW 87.16.100.]

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

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Frequently Asked Questions About Washington § 87.03.235

What does Revised Code of Washington § 87.03.235 cover?

Section 87.03.235 ("Rights of federal agencies as to certain district 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 § 87.03.235?

A common citation format is "Revised Code of Washington § 87.03.235" (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 § 87.03.235 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.

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