Washington Administrative Code (Last Updated: November 23, 2016) |
Title 210. State Treasurer's Office (Finance Committee) |
Chapter 210-02. School bond guarantee program. |
Section 210-02-090. Ratings.
Latest version.
- The office of the state treasurer will undertake to have the Washington school bond guarantee program rated by at least one of the following: Standard & Poor's, Moody's Investors Service, or Fitch Ratings. Any school district proposing to issue bonds under the guarantee program may:(1) Engage, at its own expense, one or more of the rating agencies to apply the rating of the guarantee program to its bonds; and(2) At its discretion, and at its own expense, choose to obtain an underlying rating on the bonds.