Disincorporation shall not impair the obligation of any contract. If any franchise lawfully granted has not expired at the time of disincorporation, the disincorporation does not impair any right thereunder and does not imply any authority to interfere therewith to any greater extent than the city or town might have, if it had remained incorporated.
[ 1965 c 7 § 35.07.100. Prior: 1897 c 69 § 18; RRS § 8931.]

NOTES:

Obligations of contract shall not be impaired: State Constitution Art. 1 § 23.

Terms Used In Washington Code 35.07.100

  • Contract: A legal written agreement that becomes binding when signed.
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.