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RCW 57.20.135

Treasurer—Designation—Approval—Powers and duties—Bond.

Applied in 1 court decision — leading case Ocwen Loan Servicing, LLC, Appellant, v. Michael E. Bauman Et Al., Respondents (2016)

Most recently applied in Ocwen Loan Servicing, LLC, Appellant, v. Michael E. Bauman Et Al., Respondents (September 2016)

1996 c 230 s 716; 1988 c 162 s 11; 1983 c 57 s 4.

Upon obtaining the approval of the county treasurer, the board of commissioners of a district with more than twenty-five hundred water customers or sewer customers may designate by resolution some other person having experience in financial or fiscal matters as the treasurer of the district. Such a treasurer shall possess all of the powers, responsibilities, and duties of, and shall be subject to the same restrictions as provided by law for, the county treasurer with regard to a district, and the county auditor with regard to district financial matters. Such treasurer shall be bonded for not less than twenty-five thousand dollars. Approval by the county treasurer authorizing such a district to designate its treasurer shall not be arbitrarily or capriciously withheld.

Official source: Washington State Legislature. Reproduced from public-domain Washington statutes; confirm against the official source for the current text. Not legal advice.