Unless the context clearly
requires otherwise, the definitions in this section apply
throughout this chapter.
(1) "Bond" means any agreement which may or may not be
represented by a physical instrument, including notes, warrants,
or certificates of indebtedness, that evidences an indebtedness
of the state or a local government or a fund thereof, where the
state or local government agrees to pay a specified amount of
money, with or without interest, at a designated time or times to
either registered owners or bearers, including debt issued under
chapter 39.50 RCW.
(2) "Host approval" means an approval of an issue of bonds
by an applicable elected representative of the state or local
government, having jurisdiction, for purposes of section
147(f)(2)(A)(ii) of the internal revenue code, over the area in
which a facility is located that is to be financed with bonds
issued by an issuer that is not the state or a local government.
(3) "Local government" means any county, city, town, special
purpose district, political subdivision, municipal corporation,
or quasi-municipal corporation, including any public corporation
created by such an entity.
(4) "Obligation" means an agreement that evidences an
indebtedness of the state or a local government, other than a
bond, and includes, but is not limited to, conditional sales
contracts, lease obligations, and promissory notes.
(5) "State" includes the state, agencies of the state, and
public corporations created by the state or agencies of the
state.
(6) "Treasurer" means the state treasurer, county treasurer,
city treasurer, or treasurer of any other municipal corporation.
[2011 c 211 § 1; 2001 c 299 § 15; 1995 c 38 § 6; 1994 c 301 § 10; 1983 c 167 § 2.]
NOTES:
Acts of municipal officers ratified and confirmed -- 1995 c 38: See note following RCW 3.02.045.
Liberal construction -- Severability -- 1983 c 167: See RCW 39.46.010 and note following.