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Current as of January 01, 2025 | Updated by Findlaw Staff
The definitions in this section apply throughout this chapter unless the context clearly requires otherwise.
(1) “Bond” means any voted general obligation bond issued by a school district, holding a certificate issued pursuant to this chapter for such a bond.
(2) “Credit enhancement program” means the school district bond guaranty established by this chapter.
(3) “General obligation bond” means any bond, note, warrant, certificate of indebtedness, or other obligation of a district that constitutes an indebtedness within the meaning of any applicable constitutional or statutory debt limitations.
(4) “Paying agent” means the paying agent selected, from time to time, for a bond issue pursuant to state law.
(5) “Refunding bond” means any general obligation bond issued by a district for the purpose of refunding its outstanding general obligation bonds.
(6) “School district” or “district” means any school district existing now or later under the laws of the state.
Cite this article: FindLaw.com - Washington Revised Code Title 39. Public Contracts and Indebtedness § 39.98.020. Definitions - last updated January 01, 2025 | https://codes.findlaw.com/wa/title-39-public-contracts-and-indebtedness/wa-rev-code-39-98-020/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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