Idaho § 33-3810 BONDS AND OTHER DEBT NOT OBLIGATIONS OF STATE — PAYABLE ONLY FROM PLEDGED REVENUE

Idaho Statutes

§ 33-3810 — BONDS AND OTHER DEBT NOT OBLIGATIONS OF STATE — PAYABLE ONLY FROM PLEDGED REVENUE

Idaho § 33-3810

Title 33EDUCATION

Ch. 38STATE INSTITUTIONS OF HIGHER EDUCATION BOND ACT

This text of Idaho § 33-3810 (BONDS AND OTHER DEBT NOT OBLIGATIONS OF STATE — PAYABLE ONLY FROM PLEDGED REVENUE) 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 § 33-3810 (2026).

Text

All bonds issued and other debt incurred pursuant to this act shall be exclusively obligations of the institution issuing such bonds or incurring such other debt payable only in accordance with the terms thereof and shall not be obligations general, special or otherwise of the state of Idaho. Such bonds or other debt incurred shall not constitute a debt, legal or moral or otherwise of the state of Idaho, shall so recite on their face or on the first page of any evidence of indebtedness, and shall not be enforceable against the state, nor shall payment thereof be enforceable out of any funds of the institution issuing said bonds or incurring such other debt other than the income and revenues, if any, pledged and assigned to, or in trust for the benefit of, the holder or holders of such bond

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All bonds issued and other debt incurred pursuant to this act shall be exclusively obligations of the institution issuing such bonds or incurring such other debt payable only in accordance with the terms thereof and shall not be obligations general, special or otherwise of the state of Idaho. Such bonds or other debt incurred shall not constitute a debt, legal or moral or otherwise of the state of Idaho, shall so recite on their face or on the first page of any evidence of indebtedness, and shall not be enforceable against the state, nor shall payment thereof be enforceable out of any funds of the institution issuing said bonds or incurring such other debt other than the income and revenues, if any, pledged and assigned to, or in trust for the benefit of, the holder or holders of such bonds or other evidence of indebtedness.