RCW 43.99X.030
173 words·~1 min read·
/wa/title-43/chapter-43-99x/43-99x-030·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(1)The debt-limit general fund bond retirement account shall be used for the payment of the principal of and interest on the bonds authorized in RCW 43.99X.020
(a)through (f).
(2)The state finance committee shall, on or before June 30th of each year, certify to the state treasurer the amount needed in the ensuing twelve months to meet the bond retirement and interest requirements on the bonds authorized in RCW 43.99X.020
(a)through (f).
(3)On each date on which any interest or principal and interest payment is due on bonds issued for the purposes of RCW 43.99X.020
(a)through (f), the state treasurer shall withdraw from any general state revenues received in the state treasury and deposit in the debt-limit general fund bond retirement account an amount equal to the amount certified by the state finance committee to be due on the payment date.
[ 2011 1st sp.s. c 49 s 7003 .]
Notes:
Effective date — 2011 1st sp.s. c 49: See note following RCW 43.99X.010 .