The board of regents are hereby prohibited from creating any debt or in any manner encumbering the university beyond its capacity for payment thereof from the biennial income of the university for the then current biennium.
RCW 28B.20.145
Powers and duties of regents—Regents' spending limited by income.
1969 ex.s. c 223 s 28B.20.145
Official source: Washington State Legislature. Reproduced from public-domain Washington statutes; confirm against the official source for the current text. Not legal advice.