Refunding bonds—Administration of proceeds from sale—Exception.

  1. Law
  2. Revised Code of Washington
  3. State Government—Executive
  4. Capitol Facilities Revenue Bonds, 1969—East Capitol Site Bonds, 1969.
  5. Refunding bonds—Administration of proceeds from sale—Exception.

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The proceeds from the sale of bonds authorized by this chapter shall be set aside for the payment of the bonds to be refunded in accordance with chapter 39.53 RCW, except that investment and reinvestment thereof shall be limited to direct obligations of the United States of America.

[ 1974 ex.s. c 113 § 3.]


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