These documents are currently being revised to incorporate the changes made during the 2024 Legislative Session. Please consult the Sections Affected Table for changes made during the 2024 Legislative Session.
Bonds not general obligation—Legislature may provide additional means of payment.
The bonds authorized to be issued pursuant to the provisions of RCW
28B.35.700 through
28B.35.790 as now or hereafter amended shall not be general obligations of the state of Washington, but shall be limited obligation bonds payable only from the special funds created for their payment. The legislature may provide additional means for raising money for the payment of interest and principal of said bonds. RCW
28B.35.700 through
28B.35.790 as now or hereafter amended shall not be deemed to provide an exclusive method for such payment. The power given to the legislature by this section to provide for additional means for raising money is permissive, and shall not in any way be construed as a pledge of the general credit of the state of Washington.
NOTES:
Severability—Nomenclature—Savings—1977 ex.s. c 169: See notes following RCW
28B.10.016.