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An Analytical View Of Recent Lending Of Credit Decisions In Washington State, Hugh D. Spitzer
An Analytical View Of Recent Lending Of Credit Decisions In Washington State, Hugh D. Spitzer
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Sections 5 and 7 of article VIII of the Washington State Constitution, concerning gifts or loans by the state and by local governments, have been a source of confusion to the courts and frustration to the sponsors of government programs. Although some have proposed a single formula for applying the provisions, attempts to create a single rule or set of coherent rules for interpreting these problematical provisions are apt to fail. The constitutional language is complex, involving numerous elements, each of which must be present for the prohibition to apply. Rather than a single formula governing the application of these …