Revised Code of Washington

Wash. Rev. Code § 81.104.130 (2026)

Financial responsibility

✓ current as of May 2026

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Agencies providing high capacity transportation service shall determine optimal debt-to-equity ratios, establish capital and operations allocations, and establish fare-box recovery return policy.

[ 1990 c 43 s 34.]

Notes of Decisions

Cited in 1 case, 2006–2006 · leading case: Pierce Cnty. v. State, 148 P.3d 1002 (Wash. 2006).

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Pierce Cnty. v. State, 148 P.3d 1002 (Wash. 2006). “As noted earlier, at the time the bonds were issued and sold, the legislature provided Sound Transit with express authority to levy the MVET, a "dedicated funding source," RCW 81.”

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