RCW 57.20.110
127 words·~1 min read·
/wa/title-57/chapter-57-20/57-20-110·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
A district is authorized and empowered by and through its board of commissioners to contract indebtedness for its purposes, and the maintenance thereof not exceeding one-half of one percent of the value of the taxable property in the district, as the term "value of the taxable property" is defined in RCW 39.36.015 .
[ 1996 c 230 s 713 ; 1970 ex.s. c 42 s 35 ; 1929 c 114 s 19 ; RRS s 11596. Cf. 1913 c 161 s 18 .]
Notes:
Part headings not law — Effective date — 1996 c 230: See notes following RCW 57.02.001 .
Severability — Effective date — 1970 ex.s. c 42: See notes following RCW 39.36.015 .
Limitation on municipal corporation indebtedness: State Constitution Art. 8 s 6.