Statutes > Washington Statutes > Title 28B - Higher education > Chapter 28B.31 - 1977 Washington State University buildings and facilities financing act. > 28B.31.050 - Administration of proceeds from bonds and notes.

28B.31.050 - Administration of proceeds from bonds and notes.

Administration of proceeds from bonds and notes.

Subject to legislative appropriation, all proceeds of the bonds and/or bond anticipation notes authorized in this chapter shall be administered and expended by the board of regents of Washington State University exclusively for the purposes specified in this chapter and for the payment of the expenses incurred in connection with the sale and issuance of such bonds and bond anticipation notes.

[1977 ex.s. c 344 § 5.]

Notes: Severability -- 1977 ex.s. c 344: See note following RCW 28B.31.010.