39.46.040 - Bonds -- Issuer to determine amount, terms, conditions, interest, etc.

Bonds — Issuer to determine amount, terms, conditions, interest, etc.

A local government authorized to issue bonds shall determine for the bond issue its amount, date or dates, terms not in excess of the maximum term otherwise provided in law, conditions, bond denominations, interest rate or rates, which may be fixed or variable, interest payment dates, maturity or maturities, redemption rights, registration privileges, manner of execution, price, manner of sale, covenants, and form, including registration as to principal and interest, registration as to principal only, or bearer. Registration may be as provided in RCW 39.46.030.

[1983 c 167 § 4.]

Notes: Liberal construction -- Severability -- 1983 c 167: See RCW 39.46.010 and note following.