Revised Code of Washington

Wash. Rev. Code § 39.56.020 (2026)

Rate on municipal warrants

✓ current as of May 2026

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All county, city, town and school warrants, and all warrants or other evidences of indebtedness, drawn upon or payable from any public funds, shall bear interest at a rate or rates as authorized by the issuing authority.

[ 1970 ex.s. c 56 s 106; 1899 c 80 s 4; RRS s 7302. Prior: 1895 c 136 s 3.]

Notes:

Purpose—1970 ex.s. c 56: See note following RCW 39.52.020.

Cities and towns, local improvement district warrants, interest rate: RCW 35.45.130.

Notes of Decisions

Cited in 3 cases, 2006–2011 · leading case: City of Sequim v. Malkasian, 138 P.3d 943 (Wash. 2006).

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City of Sequim v. Malkasian, 138 P.3d 943 (Wash. 2006). “52 RCW, RCW 39.56.020, and 39.56.030 in accordance with the procedures and subject to the limitations therein provided.”

City of Sequim v. Malkasian, 157 Wash. 2d 251 (Wash. 2006). “52 RCW, RCW 39.56.020, and 39.56.030 in accordance with the procedures and subject to the limitations therein provided.”

In Re Ltd. Tax Gen. Obligation Bonds, 256 P.3d 1242 (Wash. Ct. App. 2011). “41 RCW; to authorize and issue local improvement bonds and warrants, installment notes and interest certificates as authorized by chapter 35.”

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