Revised Code of Washington
Wash. Rev. Code § 35.54.050 (2026)
Source—Surplus from improvement funds
✓ current as of May 2026
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If in any local improvement fund guaranteed by a local improvement guaranty fund there is a surplus remaining after the payment of all outstanding bonds and warrants payable therefrom, it shall be paid into the local improvement guaranty fund.
[ 1965 c 7 s 35.54.050. Prior: 1933 c 109 s 1, part; 1927 c 209 s 3, part; 1925 ex.s. c 183 s 3, part; 1923 c 141 s 3, part; RRS s 9351-3, part.]
Notes of Decisions
Cited in 1
case, 1986–1986 · leading case: Barnier v. City of Kent, 723 P.2d 1167 (Wash. Ct. App. 1986).
Barnier v. City of Kent, 723 P.2d 1167 (Wash. Ct. App. 1986). “350, RCW 35.54.050, and article 8, section 7 of the constitution; (3) the advance agreements are not within the City's statutorily authorized options for funding LID 283; (4) the Barniers' liability for the assessment is discharged by the advance agreements; and (5) the interest…”
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