Loan agreements—Assessments may be pledged.

1. Law
2. Revised Code of Washington
3. Cities and Towns
4. Local Improvements—Classification of Property—Reserve Funds.
5. Loan agreements—Assessments may be pledged.

Assessments for local improvements in a local improvement district created by a municipality may be pledged and applied when collected to the payment of its obligations under a loan agreement entered into under chapter 39.69 RCW to pay costs of improvements in such a local improvement district.

[ 1997 c 426 § 4.]

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