reglab/housing_qa huggingface dataset:
WA Rev Code § 28B.07.070 (2021)
2021 Revised Code of Washington|Title 28B - Higher Education|Chapter 28B.07 - Washington Higher Education Facilities Authority.|28B.07.070 - Agreements with participant—Participant's payment of certain costs and expenses.

RCW 28B.07.070 Agreements with participant—Participant's payment of certain costs and expenses.In connection with any bonds issued by the authority, the authority shall enter into agreements with participants which shall provide for the payment by each participant of amounts which shall be sufficient, together with other revenues available to the authority, if any, to: (1) Pay the participant's share of the administrative costs and expenses of the authority; (2) pay the costs of maintaining, managing, and operating the project or projects financed by the authority, to the extent that the payment of the costs has not otherwise been adequately provided for; (3) pay the principal of, premium, if any, and interest on outstanding bonds of the authority issued in respect of such project or projects as the same shall become due and payable; and (4) create and maintain reserves required or provided for in any bond resolution or trust indenture authorizing the issuance of such bonds of the authority. The payments shall not be subject to supervision or regulation by any department, committee, board, body, bureau, or agency of the state other than the authority.[ 1983 c 169 § 7.]
WA Rev Code § 28B.07.080 (2021)
2021 Revised Code of Washington|Title 28B - Higher Education|Chapter 28B.07 - Washington Higher Education Facilities Authority.|28B.07.080 - Moneys deemed trust funds—Agreement or trust indenture with bank or trust company authorized.

RCW 28B.07.080 Moneys deemed trust funds—Agreement or trust indenture with bank or trust company authorized.All moneys received by or on behalf of the authority under this chapter, whether as proceeds from the sale of bonds or from participants or from other sources shall be deemed to be trust funds to be held and applied solely as provided in this chapter. The authority, in lieu of receiving and applying the moneys itself, may enter into an agreement or trust indenture with one or more banks or trust companies having the power and authority to conduct trust business in the state to:(1) Perform all of any part of the obligations of the authority with respect to: (a) Bonds issued by it; (b) the receipt, investment, and application of the proceeds of the bonds and moneys paid by a participant or available from other sources for the payment of the bonds; (c) the enforcement of the obligations of a participant in connection with the financing or refinancing of any project; and (d) other matters relating to the exercise of the authority's powers under this chapter;(2) Receive, hold, preserve, and enforce any security interest or evidence of security interest granted by a participant for purposes of securing the payment of the bonds; and(3) Act on behalf of the authority or the holders or owners of bonds of the authority for purposes of assuring or enforcing the payment of the bonds, when due.[ 1983 c 169 § 8.]
WA Rev Code § 28B.07.090 (2021)
2021 Revised Code of Washington|Title 28B - Higher Education|Chapter 28B.07 - Washington Higher Education Facilities Authority.|28B.07.090 - Holders or owners of bonds—Trustees—Enforcement of rights—Purchase at foreclosure sale.

RCW 28B.07.090 Holders or owners of bonds—Trustees—Enforcement of rights—Purchase at foreclosure sale.Any holder or owner of bonds of the authority issued under this chapter or any holder of the coupons appertaining to the bonds, and the trustee or trustees under any trust indenture, except to the extent the rights given are restricted by the authority in any bond resolution or trust indenture authorizing the bonds, may, either at law or in equity, by suit, action, mandamus, or other proceedings, protect and enforce any of their respective rights, and may become the purchaser at any foreclosure sale if the person is the highest bidder.[ 1983 c 169 § 9.]
WA Rev Code § 28B.07.100 (2021)
2021 Revised Code of Washington|Title 28B - Higher Education|Chapter 28B.07 - Washington Higher Education Facilities Authority.|28B.07.100 - Bonds are securities—Legal investments.

RCW 28B.07.100 Bonds are securities—Legal investments.The bonds of the authority are securities in which all public officers and bodies of this state and all counties, cities, municipal corporations, and political subdivisions, all banks, bankers, trust companies, savings banks and institutions, building and loan associations, savings and loan associations, investment companies, insurance companies and associations, and all executors, administrators, guardians, trustees, and other fiduciaries may legally invest any sinking funds, moneys, or other funds belonging to them or within their control.[ 1983 c 169 § 10.]
WA Rev Code § 28B.07.110 (2021)
2021 Revised Code of Washington|Title 28B - Higher Education|Chapter 28B.07 - Washington Higher Education Facilities Authority.|28B.07.110 - Projects or financing—Exemption from certain restrictions on procedures for awarding contracts.

RCW 28B.07.110 Projects or financing—Exemption from certain restrictions on procedures for awarding contracts.A project or the financing or refinancing thereof pursuant to this chapter shall not be subject to the requirements of any law or rule relating to competitive bidding, lease performance bonds, or other restrictions imposed on the procedure for award of contracts.[ 1983 c 169 § 11.]
WA Rev Code § 28B.07.120 (2021)
2021 Revised Code of Washington|Title 28B - Higher Education|Chapter 28B.07 - Washington Higher Education Facilities Authority.|28B.07.120 - Bond counsel—Selection.

RCW 28B.07.120 Bond counsel—Selection.(1) The authority shall adopt written policies to provide for the selection of bond counsel. The policies shall provide for the creation and maintenance of a roster of attorneys whom the authority believes possess the requisite special expertise and professional standing to provide bond counsel opinions which would be accepted by the underwriters, bondholders and other members of the financial community, and which would be in furtherance of the public interest in obtaining the lowest possible interest rates on the bonds issued by the authority. Any attorney may apply to have his or her name placed on the roster, but may not be placed on the roster unless the attorney demonstrates to the authority's satisfaction that the attorney would issue the kind of opinions required by this section.(2) Prior to selecting an attorney or attorneys to provide bond counsel services, the authority shall provide all attorneys on the roster with a notice of its intentions to select bond counsel and shall invite each of them to submit to the authority his or her fee schedule for providing bond counsel services. The authority shall have wide discretion in selecting the attorney or attorneys it considers to be most appropriate to provide the services, but in the exercise of this discretion the authority shall consider all submitted fee schedules and the public interest in achieving issuance of bonds on terms most favorable to the authority. At least once every two calendar years, the authority shall select anew an attorney or attorneys to serve as bond counsel. However, the authority may retain an attorney for longer than two years when necessary to complete work on a particular bond issue. An attorney previously retained may be selected again but only after the authority has provided other attorneys on the roster with an opportunity to be selected and has made the fee schedule review required under this subsection. As an alternative to retaining counsel for a period of time, the authority may appoint an attorney to serve as counsel in respect to only a particular bond issue or issues.[ 1983 c 169 § 13.]
WA Rev Code § 28B.07.130 (2021)
2021 Revised Code of Washington|Title 28B - Higher Education|Chapter 28B.07 - Washington Higher Education Facilities Authority.|28B.07.130 - Underwriters—Selection.

RCW 28B.07.130 Underwriters—Selection.(1) The authority shall adopt written policies to provide for the selection of underwriters. The policies shall provide for the creation of a roster of underwriters who the authority believes possess the requisite special expertise and professional standing to provide bond marketing services which would be accepted by bondholders and other members of the financial community, and which would be in furtherance of the public interest in marketing the authority's bonds at the lowest possible costs. Any underwriter may apply to have its name placed on the roster, but may not be placed on the roster unless it demonstrates to the authority's satisfaction that it meets the requirements of this section.(2) Whenever the authority decides that it needs the services of an underwriter, it shall provide all underwriters on the roster with a notice of its intentions and shall invite each of them to submit to the authority an itemization of its fees and other charges for providing underwriting services on the issue. The itemization shall be by categories designed by the authority. The authority shall have wide discretion in selecting the underwriter it considers to be most appropriate to provide the services, but in the exercise of this discretion the authority shall consider the underwriter's fees and other charges and the public interest in achieving issuance of bonds on terms most favorable to the authority. The authority may adopt rules setting forth conditions under which an institution of higher education may be permitted to exercise the notice and selection procedures set forth in this subsection. These rules shall require the institution to comply with the provisions of this subsection as if it were the authority and to obtain the authority's prior approval of the selection of an underwriter.[ 1983 c 169 § 14.]
WA Rev Code § 28B.07.300 (2021)
2021 Revised Code of Washington|Title 28B - Higher Education|Chapter 28B.07 - Washington Higher Education Facilities Authority.|28B.07.300 - Student loan financing—Authority—Liability.

RCW 28B.07.300 Student loan financing—Authority—Liability.(1) In addition to its existing powers, the authority has the following powers with respect to student loan financing:(a) To originate and purchase educational loans;(b) To issue revenue bonds payable from and secured by educational loans;(c) To execute financing documents in connection with such educational loans and bonds;(d) To adopt rules in accordance with chapter 34.05 RCW;(e) To participate fully in federal programs that provide guaranties for the repayment of educational loans and do all things necessary, useful, or convenient to make such programs available in the state and carry out the purposes of this chapter;(f) To contract with an agency, financial institution, or corporation, whether organized under the laws of this state or otherwise, whereby such agency, financial institution, or corporation shall provide billing, accounting, reporting, or administrative services required for educational loan programs administered by the authority or in which the authority participates; and(g) To form one or more nonprofit special purpose corporations for accomplishing the purposes set forth in this chapter. The authority may contract with any such nonprofit corporation, as set forth in (f) of this subsection.(2) In the exercise of any of these powers, the authority shall incur no expense or liability that shall be an obligation, either general or special, of the state, and shall pay no expense or liability from funds other than funds of the authority. Funds of the state may not be used for such purpose unless appropriated for such purpose.[ 2007 c 36 § 3.]NOTES:Policy—Purpose—2007 c 36: "It is the public policy of the state and a recognized governmental function to facilitate student loan financing and thereby increase access to higher education for Washington's citizens. The purpose of this act is to bring to the citizens of the state the applicable advantages of federal tax law and federal loan guaranties and to authorize the Washington higher education facilities authority to originate and acquire educational loans and to issue nonrecourse revenue bonds to be paid from such loans." [ 2007 c 36 § 1.]
WA Rev Code § 28B.07.310 (2021)
2021 Revised Code of Washington|Title 28B - Higher Education|Chapter 28B.07 - Washington Higher Education Facilities Authority.|28B.07.310 - Administration of alternative state educational loans.

RCW 28B.07.310 Administration of alternative state educational loans.The authority, in addition to administering federal loan programs, may administer an alternative state educational loan program that may include the purchase or origination of alternative state educational loans with terms as determined by the authority. These loans are not guaranteed by the state and the proceeds from loan repayment including interest or other loan-related payments or authority or contractor revenue may be used by the authority to make any required payments to bondholders.[ 2007 c 36 § 4.]NOTES:Policy—Purpose—2007 c 36: See note following RCW 28B.07.300.
WA Rev Code § 28B.07.330 (2021)
2021 Revised Code of Washington|Title 28B - Higher Education|Chapter 28B.07 - Washington Higher Education Facilities Authority.|28B.07.330 - Revenue refunding bonds.

RCW 28B.07.330 Revenue refunding bonds.Bonds may be issued by the authority to refund other outstanding bonds issued pursuant to this chapter, at or prior to the maturity thereof, and to pay any redemption premium with respect thereto. Bonds issued for such refunding purposes may be combined with bonds issued for the origination or purchase of educational loans. Pending the application of the proceeds of the refunding bonds to the redemption of the bonds to be redeemed, the authority may enter into an agreement or agreements with a corporate trustee with respect to the interim investment of the proceeds and the application of the proceeds and the earnings on the proceeds to the payment of the principal of and interest on, and the redemption of the bonds to be redeemed.[ 2007 c 36 § 6.]NOTES:Policy—Purpose—2007 c 36: See note following RCW 28B.07.300.
WA Rev Code § 28B.07.340 (2021)
2021 Revised Code of Washington|Title 28B - Higher Education|Chapter 28B.07 - Washington Higher Education Facilities Authority.|28B.07.340 - Trust funds—Trust agreements.

RCW 28B.07.340 Trust funds—Trust agreements.All moneys received by or on behalf of the authority under this chapter, whether as proceeds from the sale of bonds or from other sources shall be deemed to be trust funds to be held and applied solely as provided in this chapter. The authority, in lieu of receiving and applying the moneys itself, may enter into an agreement or trust indenture with one or more banks or trust companies having the power and authority to conduct trust business in the state to:(1) Perform all or any part of the obligations of the authority with respect to: (a) Bonds issued by it; (b) the receipt, investment, and application of the proceeds of the bonds and moneys available for the payment of the bonds; and (c) other matters relating to the exercise of the authority's powers under this chapter;(2) Receive, hold, preserve, and enforce any security interest or evidence of security interest granted by a participant for purposes of securing the payment of the bonds; and(3) Act on behalf of the authority or the holders or owners of bonds of the authority for purposes of assuring or enforcing the payment of the bonds, when due.[ 2007 c 36 § 7.]NOTES:Policy—Purpose—2007 c 36: See note following RCW 28B.07.300.
WA Rev Code § 28B.07.350 (2021)
2021 Revised Code of Washington|Title 28B - Higher Education|Chapter 28B.07 - Washington Higher Education Facilities Authority.|28B.07.350 - Proceeds fund.

RCW 28B.07.350 Proceeds fund.(1) All proceeds derived from a particular bond under the provisions of this chapter shall be deposited in a fund to be known as the proceeds fund, which shall be maintained in such bank or banks as shall be determined by the authority. Proceeds deposited in the fund shall be expended only on approval of the authority.(2) A separate proceeds fund shall be maintained for each series of bonds issued by the authority.(3) Funds credited to a proceeds fund may be used for any or all of the following purposes:(a) The payment of the necessary expenses, including, without limitation, the costs of issuing the authority's bonds, incurred by the authority in carrying out its responsibilities under RCW 28B.07.021, 28B.07.300 through 28B.07.380, 28B.07.925, 28B.07.927, and 28B.07.030;(b) The establishment of a debt service reserve account to secure the payment of bonds;(c) The making of educational loans to qualified borrowers;(d) The purchase, either directly or acting through a bank with trust powers for its account, of educational loans; and(e) The acquisition of an investment contract or contracts or any other investments permitted under an indenture of the authority securing its bonds. The income from the contract, contracts, or investments, after payment of the bonds and all expenses associated therewith, shall be used by the authority to assist in carrying out its purposes under this chapter.[ 2007 c 36 § 8.]NOTES:Policy—Purpose—2007 c 36: See note following RCW 28B.07.300.
WA Rev Code § 28B.07.360 (2021)
2021 Revised Code of Washington|Title 28B - Higher Education|Chapter 28B.07 - Washington Higher Education Facilities Authority.|28B.07.360 - Default.

RCW 28B.07.360 Default.The proceedings authorizing any revenue obligations under this chapter or any financing document securing the revenue bonds may provide that if there is a default in the payment of the principal of or the interest on the bonds or in the performance of any agreement contained in the proceedings or financing document, the payment and performance may be enforced by mandamus or by the appointment of a receiver in equity with power to collect revenues in accordance with the proceedings or provisions of the financing document.[ 2007 c 36 § 9.]NOTES:Policy—Purpose—2007 c 36: See note following RCW 28B.07.300.
WA Rev Code § 28B.07.370 (2021)
2021 Revised Code of Washington|Title 28B - Higher Education|Chapter 28B.07 - Washington Higher Education Facilities Authority.|28B.07.370 - Debt limitation.

RCW 28B.07.370 Debt limitation.Bonds issued by the authority under this chapter shall not be subject to the debt limitation set forth in RCW 28B.07.050(9).[ 2007 c 36 § 11.]NOTES:Policy—Purpose—2007 c 36: See note following RCW 28B.07.300.
WA Rev Code § 28B.07.380 (2021)
2021 Revised Code of Washington|Title 28B - Higher Education|Chapter 28B.07 - Washington Higher Education Facilities Authority.|28B.07.380 - Sale of assets.

RCW 28B.07.380 Sale of assets.The authority is authorized to offer for sale from time to time loan portfolios or other assets accumulated by the authority. Sales shall be conducted in a competitive manner and shall be approved by the authority board.[ 2007 c 36 § 12.]NOTES:Policy—Purpose—2007 c 36: See note following RCW 28B.07.300.
WA Rev Code § 28B.07.900 (2021)
2021 Revised Code of Washington|Title 28B - Higher Education|Chapter 28B.07 - Washington Higher Education Facilities Authority.|28B.07.900 - Chapter supplemental—Application of other laws.

RCW 28B.07.900 Chapter supplemental—Application of other laws.This chapter provides a complete, additional, and alternative method for accomplishing the purposes of this chapter and shall be regarded as supplemental and additional to powers conferred by other laws. The issuance of bonds and refunding bonds under this chapter need not comply with the requirements of any other law applicable to the issuance of bonds.[ 1983 c 169 § 15.]
WA Rev Code § 28B.07.910 (2021)
2021 Revised Code of Washington|Title 28B - Higher Education|Chapter 28B.07 - Washington Higher Education Facilities Authority.|28B.07.910 - Construction—1983 c 169.

RCW 28B.07.910 Construction—1983 c 169.This chapter, being necessary for the welfare of the state and its inhabitants, shall be liberally construed to effect its purposes. Insofar as the provisions of this chapter are inconsistent with the provisions of any general or special law, or parts thereof, the provisions of this chapter shall be controlling.[ 1983 c 169 § 16.]
WA Rev Code § 28B.07.925 (2021)
2021 Revised Code of Washington|Title 28B - Higher Education|Chapter 28B.07 - Washington Higher Education Facilities Authority.|28B.07.925 - Chapter supplemental—Application of other laws.

RCW 28B.07.925 Chapter supplemental—Application of other laws.This chapter shall be regarded as supplemental and additional to the powers conferred on the authority by other laws. The issuance of bonds and refunding bonds under this chapter need not comply with requirements of any other laws applicable to the issuance of bonds.[ 2007 c 36 § 13.]
WA Rev Code § 28B.07.926 (2021)
2021 Revised Code of Washington|Title 28B - Higher Education|Chapter 28B.07 - Washington Higher Education Facilities Authority.|28B.07.926 - Construction—2007 c 36.

RCW 28B.07.926 Construction—2007 c 36.This act, being necessary for the welfare of the state and its inhabitants, shall be liberally construed to effect the purposes thereof.[ 2007 c 36 § 15.]
WA Rev Code § 28B.07.927 (2021)
2021 Revised Code of Washington|Title 28B - Higher Education|Chapter 28B.07 - Washington Higher Education Facilities Authority.|28B.07.927 - Conflict with federal requirements—2007 c 36.

RCW 28B.07.927 Conflict with federal requirements—2007 c 36.If any part of this act is found to be in conflict with federal requirements under the higher education act of 1965, the conflicting part of this act is hereby declared to be inoperative solely to the extent of the conflict and with respect to the agencies directly affected, and such finding or determination shall not affect the operation of the remainder of this act in its application to the agencies concerned. The rules under this act shall meet federal requirements that are a necessary condition for participation of a state agency under the higher education act of 1965, or its successor.[ 2007 c 36 § 10.]