Negotiable bonds of general improvement or divisional district — Bonds paramount lien on moneys in fund.

Bonds issued for or in behalf of any general improvement district or any divisional district under the provisions of this chapter, shall constitute a lien upon the moneys in any fund set apart for their payment paramount and superior to that of any other obligation of whatsoever nature against said fund except that of a prior bond issue payable from said fund.

[1927 c 254 § 190; RRS § 7402-190. Formerly RCW 89.26.570.]