Idaho § 33-3807 DEPOSIT OF PROCEEDS OF BONDS

Idaho Statutes

§ 33-3807 — DEPOSIT OF PROCEEDS OF BONDS

Idaho § 33-3807

Title 33EDUCATION

Ch. 38STATE INSTITUTIONS OF HIGHER EDUCATION BOND ACT

This text of Idaho § 33-3807 (DEPOSIT OF PROCEEDS OF BONDS) is published on Counsel Stack Legal Research, covering Idaho primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Idaho Code § 33-3807 (2026).

Text

No moneys derived from the sale of bonds of any institution or otherwise borrowed by such institution under the provisions of sections 33-3801 — 33-3813, shall be required to be paid into the state treasury but shall be deposited by the treasurer or other fiscal officer of the institution, subject to the public depository law. Such money shall be disbursed as may be directed by the board and in accordance with the terms of any agreements with the holder or holders of any bonds. This section shall not be construed as limiting the power of the institution to agree in connection with the issuance of any of its bonds as to the custody and disposition of the moneys received from the sale of such bonds or the income and revenue of the institution pledged and assigned to or in trust for the benef

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No moneys derived from the sale of bonds of any institution or otherwise borrowed by such institution under the provisions of sections 33-3801 — 33-3813, shall be required to be paid into the state treasury but shall be deposited by the treasurer or other fiscal officer of the institution, subject to the public depository law. Such money shall be disbursed as may be directed by the board and in accordance with the terms of any agreements with the holder or holders of any bonds. This section shall not be construed as limiting the power of the institution to agree in connection with the issuance of any of its bonds as to the custody and disposition of the moneys received from the sale of such bonds or the income and revenue of the institution pledged and assigned to or in trust for the benefit of the holder or holders thereof.