All unpaid installments on account of the principal of said refunding bonds shall bear interest from the date of the bonds at a rate or rates as authorized by the board of directors of the district. Different installments of the principal of said bonds may bear different rates of interest if it is so provided in the bond plan. Interest shall be payable semiannually on the first day of January and July of each year.
RCW 87.22.160
Interest on unpaid bond installments—When payable.
1970 ex.s. c 56 s 98; 1969 ex.s. c 232 s 57; 1929 c 120 s 21; RRS 7530-21
Official source: Washington State Legislature. Reproduced from public-domain Washington statutes; confirm against the official source for the current text. Not legal advice.