reglab/housing_qa huggingface dataset:
WA Rev Code § 39.52.050 (2021)
2021 Revised Code of Washington|Title 39 - Public Contracts and Indebtedness|Chapter 39.52 - Funding Indebtedness in Counties, Cities, and Towns.|39.52.050 - "Corporate authorities" defined.

RCW 39.52.050 "Corporate authorities" defined.The words "corporate authorities", used in this chapter, shall be held to mean the county legislative authority, or the council or commission of the city or town.[ 1984 c 186 § 38; 1895 c 170 § 6; RRS § 5623.]NOTES:Purpose—1984 c 186: See note following RCW 39.46.110.
WA Rev Code § 39.53.020 (2021)
2021 Revised Code of Washington|Title 39 - Public Contracts and Indebtedness|Chapter 39.53 - Refunding Bond Act.|39.53.020 - Issuance authorized—Purposes—Saving to public body, criteria.

RCW 39.53.020 Issuance authorized—Purposes—Saving to public body, criteria.The governing body of any public body may by ordinance provide for the issuance of refunding bonds without an election (1) in order to pay or discharge all or any part of an outstanding series or issue of bonds, including any redemption premiums or interest thereon, in arrears or about to become due, and for which sufficient funds are not available, (2) when necessary or in the best interest of the public body to modify debt service or reserve requirements, sources of payment, covenants, or other terms of the bonds to be refunded, or (3) in order to effect a saving to the public body. To determine whether or not a saving will be effected, consideration shall be given to the interest to fixed maturities of the refunding bonds and the bonds to be refunded, the costs of issuance of the refunding bonds, including any sale discount, the redemption premiums, if any, to be paid, and the known earned income from the investment of the refunding bond proceeds pending redemption of the bonds to be refunded.[ 1999 c 230 § 2; 1977 ex.s. c 262 § 1; 1974 ex.s. c 111 § 2; 1965 ex.s. c 138 § 3.]NOTES:Application—Construction—Severability—1999 c 230: See notes following RCW 39.53.010.Severability—1974 ex.s. c 111: See note following RCW 39.42.080.
WA Rev Code § 39.53.030 (2021)
2021 Revised Code of Washington|Title 39 - Public Contracts and Indebtedness|Chapter 39.53 - Refunding Bond Act.|39.53.030 - Refunding bonds may be exchanged for bonds to be refunded or sold.

RCW 39.53.030 Refunding bonds may be exchanged for bonds to be refunded or sold.Any refunding bonds issued may be delivered in exchange for the bonds to be refunded or may be sold in such manner and at such price as the governing body may in its discretion determine advisable.[ 1999 c 230 § 3; 1973 1st ex.s. c 25 § 2; 1965 ex.s. c 138 § 4.]NOTES:Application—Construction—Severability—1999 c 230: See notes following RCW 39.53.010.
WA Rev Code § 39.53.040 (2021)
2021 Revised Code of Washington|Title 39 - Public Contracts and Indebtedness|Chapter 39.53 - Refunding Bond Act.|39.53.040 - What bonds may be refunded—Refunding plans—Redemption of refunding bonds.

RCW 39.53.040 What bonds may be refunded—Refunding plans—Redemption of refunding bonds.Bonds may be refunded under this chapter or under any other law of this state which authorizes the issuance of refunding bonds. In any refunding plan under this chapter the governing body shall provide irrevocably in the ordinance authorizing the issuance of the advance refunding bonds for the redemption or payment of the bonds to be refunded.The ordinance authorizing the issuance of refunding bonds under this chapter may contain such provisions for the redemption of the refunding bonds prior to maturity and for payment of a premium upon such redemption as the governing body in its discretion may determine advisable.[ 1999 c 230 § 4; 1977 ex.s. c 262 § 2; 1973 1st ex.s. c 25 § 3; 1965 ex.s. c 138 § 5.]NOTES:Application—Construction—Severability—1999 c 230: See notes following RCW 39.53.010.
WA Rev Code § 39.53.045 (2021)
2021 Revised Code of Washington|Title 39 - Public Contracts and Indebtedness|Chapter 39.53 - Refunding Bond Act.|39.53.045 - Bonds payable from special assessments—Not subject to refunding.

RCW 39.53.045 Bonds payable from special assessments—Not subject to refunding.Bonds payable solely from special assessments or special assessments and a guaranty fund issued on or prior to June 7, 1984, shall not be subject to refunding under this chapter.[ 1984 c 186 § 69.]NOTES:Purpose—1984 c 186: See note following RCW 39.46.110.
WA Rev Code § 39.53.050 (2021)
2021 Revised Code of Washington|Title 39 - Public Contracts and Indebtedness|Chapter 39.53 - Refunding Bond Act.|39.53.050 - Refunding bonds, principal amount—Disposition of reserves held to secure the bonds to be refunded.

RCW 39.53.050 Refunding bonds, principal amount—Disposition of reserves held to secure the bonds to be refunded. The principal amount of refunding bonds may exceed the principal amount of the bonds to be refunded by an amount deemed reasonably required to effect such refunding. The principal amount of the refunding bonds may be less than or the same as the principal amount of the bonds to be refunded so long as provision is duly and sufficiently made for the retirement or redemption of such bonds to be refunded. Any reserves held to secure the bonds to be refunded, or other available money, may be used to accomplish the refunding in accordance with the refunding plan. Reserves not so used shall be pledged as security for the refunding bonds to the extent the reserves, if any, are required. The balance of any such reserves may be used for any lawful purpose.[ 1999 c 230 § 5; 1983 1st ex.s. c 69 § 1; 1977 ex.s. c 262 § 3; 1974 ex.s. c 111 § 3; 1965 ex.s. c 138 § 6.]NOTES:Application—Construction—Severability—1999 c 230: See notes following RCW 39.53.010.Severability—1974 ex.s. c 111: See note following RCW 39.42.080.
WA Rev Code § 39.53.060 (2021)
2021 Revised Code of Washington|Title 39 - Public Contracts and Indebtedness|Chapter 39.53 - Refunding Bond Act.|39.53.060 - Application of proceeds of sale of refunding bonds and other funds—Investment in government obligations—Incidental expenses.

RCW 39.53.060 Application of proceeds of sale of refunding bonds and other funds—Investment in government obligations—Incidental expenses.Prior to the application of the proceeds derived from the sale of refunding bonds to the purposes for which such bonds have been issued, such proceeds, together with any other funds the governing body may set aside for the payment of the bonds to be refunded, may be invested and reinvested only in government obligations maturing or having guaranteed redemption prices at the option of the holder at such time or times as may be required to provide funds sufficient to pay principal, interest and redemption premiums, if any, in accordance with the refunding plan. To the extent incidental expenses have been capitalized, such bond proceeds may be used to defray such expenses.[ 1999 c 230 § 6; 1973 1st ex.s. c 25 § 4; 1965 ex.s. c 138 § 7.]NOTES:Application—Construction—Severability—1999 c 230: See notes following RCW 39.53.010.
WA Rev Code § 39.53.070 (2021)
2021 Revised Code of Washington|Title 39 - Public Contracts and Indebtedness|Chapter 39.53 - Refunding Bond Act.|39.53.070 - Application of proceeds of sale of refunding bonds and other funds—Contracts for safekeeping and application—Use to pay and secure refunding bonds—Pledge of revenues—Duty to provide sufficient money to accomplish refunding.

RCW 39.53.070 Application of proceeds of sale of refunding bonds and other funds—Contracts for safekeeping and application—Use to pay and secure refunding bonds—Pledge of revenues—Duty to provide sufficient money to accomplish refunding.The governing body may contract with respect to the safekeeping and application of the refunding bond proceeds and other funds included therewith and the income therefrom including the right to appoint a trustee which may be any trust company or state or national bank having powers of a trust company within or without the state of Washington. The governing body may provide in the refunding plan that until such moneys are required to redeem or retire the bonds to be refunded, the refunding bond proceeds and other funds, and the income therefrom shall be used to pay and secure the payment of the principal of and interest on the refunding bonds. The governing body may additionally pledge for the payment of revenue refunding bonds any revenues which might legally be pledged for the payment of revenue bonds of the issuer of the type to be refunded. Provisions must be made by the governing body for moneys sufficient in amount to accomplish the refunding as scheduled.[ 1999 c 230 § 7; 1973 1st ex.s. c 25 § 5; 1965 ex.s. c 138 § 8.]NOTES:Application—Construction—Severability—1999 c 230: See notes following RCW 39.53.010.
WA Rev Code § 39.53.080 (2021)
2021 Revised Code of Washington|Title 39 - Public Contracts and Indebtedness|Chapter 39.53 - Refunding Bond Act.|39.53.080 - Pledge of revenues to payment of refunding bonds when amounts sufficient to pay revenue bonds to be refunded are irrevocably set aside.

RCW 39.53.080 Pledge of revenues to payment of refunding bonds when amounts sufficient to pay revenue bonds to be refunded are irrevocably set aside.When a public body has irrevocably set aside for and pledged to the payment of revenue bonds to be refunded refunding bond proceeds and other moneys in amounts which together with known earned income from the investment thereof are sufficient in amount to pay the principal of and interest and any redemption premiums on such revenue bonds as the same become due and to accomplish the refunding as scheduled, the governing body may provide that the refunding revenue bonds shall be payable from any source which, either at the time of the issuance of the refunding bonds or the revenue bonds to be refunded, might legally be or have been pledged for the payment of the revenue bonds to be refunded to the extent it may legally do so, notwithstanding the pledge of such revenues for the payment of the revenue bonds to be refunded.[ 1999 c 230 § 8; 1965 ex.s. c 138 § 9.]NOTES:Application—Construction—Severability—1999 c 230: See notes following RCW 39.53.010.
WA Rev Code § 39.53.090 (2021)
2021 Revised Code of Washington|Title 39 - Public Contracts and Indebtedness|Chapter 39.53 - Refunding Bond Act.|39.53.090 - Annual maturities of general obligation refunding bonds issued to refund voted general obligation bonds.

RCW 39.53.090 Annual maturities of general obligation refunding bonds issued to refund voted general obligation bonds.The various annual maturities of general obligation refunding bonds issued to refund voted general obligation bonds shall not extend over a longer period of time than the bonds to be refunded. Such maturities may be changed in amount or shortened in term if the estimated respective annual principal and interest requirements of the refunding bonds, computed upon the anticipated effective interest rate the governing body shall in its discretion determine will be borne by such bonds, will not exceed the respective annual principal and interest requirements of the bonds to be refunded, except the issuer may increase the principal amount of annual maturities for the purpose of rounding out maturities to the nearest five thousand dollars.[ 1999 c 230 § 9; 1965 ex.s. c 138 § 10.]NOTES:Application—Construction—Severability—1999 c 230: See notes following RCW 39.53.010.
WA Rev Code § 39.53.100 (2021)
2021 Revised Code of Washington|Title 39 - Public Contracts and Indebtedness|Chapter 39.53 - Refunding Bond Act.|39.53.100 - Use of deposit moneys and investments in computing indebtedness.

RCW 39.53.100 Use of deposit moneys and investments in computing indebtedness.In computing indebtedness for the purpose of any constitutional or statutory debt limitation there shall be deducted from the amount of outstanding indebtedness the amounts of money and investments credited to or on deposit for general obligation bond retirement.[ 1973 1st ex.s. c 25 § 6; 1965 ex.s. c 138 § 11.]
WA Rev Code § 39.53.110 (2021)
2021 Revised Code of Washington|Title 39 - Public Contracts and Indebtedness|Chapter 39.53 - Refunding Bond Act.|39.53.110 - Refunding and other bonds may be issued in combination.

RCW 39.53.110 Refunding and other bonds may be issued in combination.Refunding bonds and bonds for any other purpose or purposes authorized may be issued separately or issued in combination in one or more series or issues by the same issuer.[ 1999 c 230 § 10; 1965 ex.s. c 138 § 12.]NOTES:Application—Construction—Severability—1999 c 230: See notes following RCW 39.53.010.
WA Rev Code § 39.53.120 (2021)
2021 Revised Code of Washington|Title 39 - Public Contracts and Indebtedness|Chapter 39.53 - Refunding Bond Act.|39.53.120 - Refunding bonds to be issued in accordance with laws applicable to type of bonds to be refunded—Transfer of funds to applicable bond retirement account.

RCW 39.53.120 Refunding bonds to be issued in accordance with laws applicable to type of bonds to be refunded—Transfer of funds to applicable bond retirement account.(1) Except as specifically provided in this chapter, refunding bonds issued under this chapter shall be issued in accordance with the provisions of law applicable to the type of bonds of the issuer to be refunded, at the time of the issuance of either the refunding bonds or the bonds to be refunded.(2) For all refunding bonds previously or hereafter issued by the state of Washington under this chapter, the state treasurer shall transfer from the designated funds or accounts the amount necessary for the payment of principal of and interest on the refunding bonds to the applicable bond retirement account for such refunding bonds on each date on which the interest or principal and interest payment is due on such refunding bonds unless an earlier transfer date, as determined by the state finance committee, is necessary or appropriate to the financial framework of the refunding bonds.[ 2005 c 487 § 7; 1999 c 230 § 11; 1965 ex.s. c 138 § 13.]NOTES:Effective date—2005 c 487: See RCW 43.99S.901.Application—Construction—Severability—1999 c 230: See notes following RCW 39.53.010.
WA Rev Code § 39.53.130 (2021)
2021 Revised Code of Washington|Title 39 - Public Contracts and Indebtedness|Chapter 39.53 - Refunding Bond Act.|39.53.130 - Amendment of power contracts pursuant to refunding of certain bond issues.

RCW 39.53.130 Amendment of power contracts pursuant to refunding of certain bond issues.If bonds are to be issued under this chapter for refunding of any bonds issued specifically to finance any electric power and energy project or facility and there are contracts in existence for the sale of electric power and energy generated by such project or facility wherein the cost of power to a purchaser specifically includes a portion of the debt service on the bonds to be refunded, such power contracts shall be amended to reflect in each year during the remaining terms of such contracts that portion of the savings to be realized from such refunding during each such year equal to the percentage of power output from such project or facility purchased by the purchaser under such power contracts. Nothing in this chapter shall be construed to alter, modify or change any such power contracts without the mutual agreement of the parties thereto.[ 1965 ex.s. c 138 § 15.]
WA Rev Code § 39.53.140 (2021)
2021 Revised Code of Washington|Title 39 - Public Contracts and Indebtedness|Chapter 39.53 - Refunding Bond Act.|39.53.140 - Issuance of general obligation refunding bonds to refund general obligation or revenue bonds.

RCW 39.53.140 Issuance of general obligation refunding bonds to refund general obligation or revenue bonds.Any public body may issue general obligation refunding bonds to refund any general obligation or revenue bonds of such issuer or its agencies or instrumentalities. The payment of general obligation refunding bonds may be additionally secured by a pledge of the revenues pledged to the payment of the revenue bonds to be refunded.If the payment of revenue bonds to be refunded by general obligation bonds of the state is secured by (1) fees collected by the state as license fees for motor vehicles, or (2) excise taxes collected by the state on the sale, distribution or use of motor vehicle fuel, or (3) interest on the permanent school fund, then the state shall also pledge to the payment of such refunding bonds the same fees, excise taxes, or interest that were pledged to the payment of the revenue bonds to be refunded.Any public body may issue revenue refunding bonds to refund any general obligation of such issuer or its agencies or instrumentalities if the bonds to be refunded were issued for purposes for which those revenue refunding bonds could be issued.[ 1999 c 230 § 12; 1974 ex.s. c 111 § 4; 1973 1st ex.s. c 25 § 7.]NOTES:Application—Construction—Severability—1999 c 230: See notes following RCW 39.53.010.Severability—1974 ex.s. c 111: See note following RCW 39.42.080.
WA Rev Code § 39.53.900 (2021)
2021 Revised Code of Washington|Title 39 - Public Contracts and Indebtedness|Chapter 39.53 - Refunding Bond Act.|39.53.900 - Short title.

RCW 39.53.900 Short title.This chapter shall be known as the "Refunding Bond Act."[ 1965 ex.s. c 138 § 1.]
WA Rev Code § 39.53.910 (2021)
2021 Revised Code of Washington|Title 39 - Public Contracts and Indebtedness|Chapter 39.53 - Refunding Bond Act.|39.53.910 - Additional authority—Effect as to other laws.

RCW 39.53.910 Additional authority—Effect as to other laws.The authority of a public body to issue refunding bonds pursuant to this chapter is additional to any existing authority to issue such bonds and nothing in this chapter shall prevent the issuance of such bonds pursuant to any other law, and this chapter shall not be construed to amend any existing law authorizing the issuance of refunding bonds by a public body.[ 1965 ex.s. c 138 § 14.]
WA Rev Code § 39.56.020 (2021)
2021 Revised Code of Washington|Title 39 - Public Contracts and Indebtedness|Chapter 39.56 - Warrants.|39.56.020 - Rate on municipal warrants.

RCW 39.56.020 Rate on municipal warrants.All county, city, town and school warrants, and all warrants or other evidences of indebtedness, drawn upon or payable from any public funds, shall bear interest at a rate or rates as authorized by the issuing authority.[ 1970 ex.s. c 56 § 106; 1899 c 80 § 4; RRS § 7302. Prior: 1895 c 136 § 3.]NOTES:Purpose—1970 ex.s. c 56: See note following RCW 39.52.020.Cities and towns, local improvement district warrants, interest rate: RCW 35.45.130.
WA Rev Code § 39.56.030 (2021)
2021 Revised Code of Washington|Title 39 - Public Contracts and Indebtedness|Chapter 39.56 - Warrants.|39.56.030 - Issuing officer to fix rate.

RCW 39.56.030 Issuing officer to fix rate.It shall be the duty of every public officer issuing public warrants to make monthly investigation to ascertain the market value of the current warrants issued by him or her, and he or she shall, so far as practicable, fix the rate of interest on the warrants issued by him or her during the ensuing month so that the par value shall be the market value thereof.[ 2011 c 336 § 810; 1981 c 156 § 16; 1981 c 10 § 4; 1899 c 80 § 5; RRS § 7303.]
WA Rev Code § 39.56.040 (2021)
2021 Revised Code of Washington|Title 39 - Public Contracts and Indebtedness|Chapter 39.56 - Warrants.|39.56.040 - Cancellation of municipal warrants.

RCW 39.56.040 Cancellation of municipal warrants.Registered or interest bearing warrants of any municipal corporation not presented within one year of the date of their call, or other warrants not presented within one year of their issue, shall be canceled by passage of a resolution of the governing body of the municipal corporation, and upon notice of the passage of such resolution the auditor of the municipal corporation and the treasurer of the municipal corporation shall transfer all records of such warrants so as to leave the funds as if such warrants had never been drawn.[ 1975 1st ex.s. c 131 § 1.]
WA Rev Code § 39.58.020 (2021)
2021 Revised Code of Washington|Title 39 - Public Contracts and Indebtedness|Chapter 39.58 - Public Funds—Deposits and Investments—Public Depositaries.|39.58.020 - Public funds—Protection against loss.

RCW 39.58.020 Public funds—Protection against loss.All public funds deposited in public depositaries, including investment deposits and accrued interest thereon, shall be protected against loss, as provided in this chapter.[ 1996 c 256 § 2; 1984 c 177 § 11; 1983 c 66 § 5; 1973 c 126 § 10; 1969 ex.s. c 193 § 2.]NOTES:Severability—1983 c 66: See note following RCW 39.58.010.
WA Rev Code § 39.58.030 (2021)
2021 Revised Code of Washington|Title 39 - Public Contracts and Indebtedness|Chapter 39.58 - Public Funds—Deposits and Investments—Public Depositaries.|39.58.030 - Public deposit protection commission—State finance committee constitutes—Proceedings.

RCW 39.58.030 Public deposit protection commission—State finance committee constitutes—Proceedings.The Washington public deposit protection commission shall be the state finance committee. The record of the proceedings of the public deposit protection commission shall be kept in the office of the commission and a duly certified copy thereof, or any part thereof, shall be admissible in evidence in any action or proceedings in any court of this state.[ 1983 c 66 § 6; 1969 ex.s. c 193 § 3.]NOTES:Severability—1983 c 66: See note following RCW 39.58.010.
WA Rev Code § 39.58.040 (2021)
2021 Revised Code of Washington|Title 39 - Public Contracts and Indebtedness|Chapter 39.58 - Public Funds—Deposits and Investments—Public Depositaries.|39.58.040 - General powers of commission.

RCW 39.58.040 General powers of commission.The commission shall have the power and broad administrative discretion:(1) To make and enforce regulations necessary and proper to the full and complete performance of its functions under this chapter;(2) To require any public depositary to furnish such information dealing with public deposits and the exact status of its capitalization, collateral, liquidity, and net worth as the commission shall request;(3) To take such action as it deems best for the protection, collection, compromise or settlement of any claim arising in case of loss;(4) To fix by rule or resolution, consistent with this chapter, the requirements for initial and continued qualification of financial institutions as public depositaries on the basis of a depositary's financial condition, including its capitalization, collateral, liquidity, and net worth, and fixing other terms and conditions consistent with this chapter, under which public deposits may be received and held;(5) To make and enforce rules setting forth criteria for the establishment by policy of standards governing matters that are subject to the commission's powers to fix requirements, terms, and conditions under subsection (4) of this section for a public depositary, and, if these standards are not met, providing for additional collateral or other conditional or unconditional requirements or restrictions applicable to the public depositary's right to receive or hold public deposits;(6) To require additional or different types and amounts of collateral, or to restrict a public depositary's right to receive or hold public deposits if the standards for the financial condition of public depositaries are not met;(7) To fix the official date on which any loss shall be deemed to have occurred taking into consideration the orders, rules, and regulations of the supervisory authority of a public depositary's primary regulatory authority and federal deposit insurer as they affect the failure or inability of a public depositary to repay public deposits in full; (8) In case loss occurs in more than one public depositary, to determine the allocation and time of payment of any sums due to public depositors under this chapter; and(9) To make and enforce sanctions against a public depositary for noncompliance with the provisions of this chapter and rules or policies of the commission.[ 2009 c 9 § 2; 1996 c 256 § 3; 1986 c 25 § 2; 1984 c 177 § 12; 1983 c 66 § 7; 1975 1st ex.s. c 77 § 2; 1969 ex.s. c 193 § 4.]NOTES:Effective date—2009 c 9: See note following RCW 39.58.010.Severability—1983 c 66: See note following RCW 39.58.010.