210-02-060  <<  210-02-080 >>   210-02-090

PDF

WAC 210-02-080

Reference to guarantee in school district bond documents.

WAC 210-02-080
School districts that issue bonds under a certificate of eligibility shall evidence the state's guarantee of the school district's bonds in prose to be provided by the state treasurer and placed:
(1) On the cover of the school district's preliminary official statement(s) and official statement(s), or other offering document(s), for the applicable bond(s);
(2) On the face of the school district's applicable bond(s); and
(3) As an appendix within the official statement(s), or other offering document(s), for the applicable bond(s).
The state treasurer will provide, and any school district that has submitted an application must use, the description of the state's guarantee in the school district's offering document. The description must be used in its entirety and may not be modified or amended.
As a condition of participating in the program, the district agrees not to modify, amend, or omit the state's language. Further, the school district agrees to correct any modification, amendment, or omission through a "stickered" preliminary or final official statement or through a voluntary event notice.
It is incumbent upon each district to check the state treasurer's website for the most current description of the state's guarantee to be included in the school district's offering document.
[Statutory Authority: RCW 39.98.080 and 43.33.040. WSR 26-14-107, s 210-02-080, filed 7/1/26, effective 8/1/26. Statutory Authority: RCW 39.98.040. WSR 14-06-107, § 210-02-080, filed 3/5/14, effective 4/5/14. Statutory Authority: Chapter 39.98 RCW. WSR 00-11-023, § 210-02-080, filed 5/9/00, effective 6/9/00.]