Proceeds — Deposit and use.

The proceeds from the sale of bonds authorized by RCW 47.10.843 through 47.10.848 shall be deposited in the motor vehicle fund. The proceeds shall be available only for the purposes enumerated in RCW 47.10.843, for the payment of bond anticipation notes, if any, and for the payment of bond issuance costs, including the costs of underwriting.

[1998 c 321 § 18 (Referendum Bill No. 49, approved November 3, 1998).]

Notes: Purpose -- Severability -- 1998 c 321: See notes following RCW 82.14.045.

Effective dates -- Application -- 1998 c 321 §§ 1-21, 44, and 45: See note following RCW 82.14.045.

Referral to electorate -- 1998 c 321 §§ 1-21 and 44-46: See note following RCW 82.14.045.