53.40.010 - Revenue bonds authorized.

Revenue bonds authorized.

The port commission of any port district is authorized for the purpose of carrying out the lawful powers granted port districts by the laws of the state to contract indebtedness and to issue revenue bonds evidencing such indebtedness in conformity with this chapter.

[1959 c 183 § 1; 1957 c 59 § 1; 1949 c 122 § 1; Rem. Supp. 1949 § 9711-1.]

Notes:Alternative authority to issue revenue bonds: RCW 39.46.150, 39.46.160.

Declaratory judgments of local bond issues: Chapter 7.25 RCW.

Funds for reserve purposes may be included in issue amount: RCW 39.44.140.