Whenever a common school board has contracted to redeem general obligation bonds used for the construction or acquisition of facilities which are now to be under the administration, control and occupancy of the college district board, the common school board shall continue to redeem the bonds in accordance with the provisions of the bonds.
RCW 28B.50.600
School district bonds—Redemption of by school district to continue though facility under control of college district board.
Applied in 1 court decision — leading case 81 Wash. 2d 551 - Moses Lake School District No. 161 v. Big Bend Community College (1972)
Most recently applied in 81 Wash. 2d 551 - Moses Lake School District No. 161 v. Big Bend Community College (November 1972)
1991 c 238 s 60; 1969 ex.s. c 223 s 28B.50.600
Official source: Washington State Legislature. Reproduced from public-domain Washington statutes; confirm against the official source for the current text. Not legal advice.