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Washington Revised Code Title 87. Irrigation § 87.28.040. Bonds do not constitute general debt of district

Current as of January 01, 2025 | Updated by Findlaw Staff

Any such bonds, and interest thereon, issued against a special fund as herein provided shall be a valid claim of the owner thereof only as against said special fund or funds and its fixed proportion or amount of the revenue pledged to such fund or funds and shall not constitute a general indebtedness against the issuing irrigation district. Each such bond shall state upon its face that it is payable from a special fund or funds only, naming the special fund or funds and the resolution creating the fund or funds.

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Cite this article: FindLaw.com - Washington Revised Code Title 87. Irrigation § 87.28.040. Bonds do not constitute general debt of district - last updated January 01, 2025 | https://codes.findlaw.com/wa/title-87-irrigation/wa-rev-code-87-28-040/

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