28B.14D.030 - Form, terms, conditions, sale and covenants of bonds and notes.

Form, terms, conditions, sale and covenants of bonds and notes.

The state finance committee is authorized to prescribe the form, terms, conditions, and covenants of the bonds and the bond anticipation notes provided for in RCW 28B.14D.010 and 28B.14D.020, the time or times of sale of all or any portion of them, and the conditions and manner of their sale and issuance.

     Each bond and bond anticipation note shall pledge the full faith and credit of the state of Washington and shall contain an unconditional promise to pay the principal thereof and interest thereon when due.

[1979 ex.s. c 253 § 3.]