Title 43 — IRRIGATION DISTRICTS
25 chapters · 459 sections in this title.
Idaho Code § 43-2551 Bonds and warrants — Revenues from which payable
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43-2551. Bonds and warrants — Revenues from which payable. The holder or owner of any local improvement bond or warrant shall have no claim thereon against the district by which the same is issued, except to the extent of the funds created and received by assessments against the …
Idaho Code § 43-2552 Bonds payable from fund
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43-2552. Bonds payable from fund. Whenever a district has created a local improvement guarantee fund, under the provisions of this act, any local improvement district bonds issued thereafter shall provide that the principal sum of such bonds and the interest thereon shall be paya…
Idaho Code § 43-2553 Excess in fund — Disposition
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43-2553. Excess in fund — Disposition. When a local improvement guarantee fund duly created in any district exceeds in amount of moneys held therein by ten percent (10%) of the total outstanding obligations thereby guaranteed, then the board may, by resolution, authorize the trea…
Idaho Code § 43-2554 Reserve fund authorized
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43-2554. Reserve fund authorized. For the purpose of securing the payment of the principal of and interest on an issue of local improvement bonds, notes, warrants or other short-term obligations, the board may create a reserve fund for each obligation in addition to or in lieu of…