Idaho Statutes

§ 43-1919 — DISTRICT NOT LIABLE ON BONDS

Idaho § 43-1919
JurisdictionIdaho
Title 43IRRIGATION DISTRICTS
Ch. 19DOMESTIC WATER SYSTEMS — CONTRACTS WITH UNITED STATES

This text of Idaho § 43-1919 (DISTRICT NOT LIABLE ON 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 § 43-1919 (2026).

Text

Bonds issued pursuant to the irrigation district domestic water system revenue bond act shall not be a debt of the district and the district shall not be liable thereon, nor shall they be payable out of any funds other than the revenue pledged to the payment thereof. Each bond issued under the irrigation district domestic water system revenue bond act shall recite, in substance, that the bond, including interest thereon, is payable solely from the revenue pledged to the payment thereof. Bonds may be issued under the irrigation district domestic water system revenue bond act notwithstanding and without regard to any limitation or restriction on the amount or percentage of indebtedness, or of outstanding obligations of a district.

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Legislative History

[43-1919, added 1988, ch. 299, sec. 14, p. 951.]

Nearby Sections

15
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Bluebook (online)
Idaho § 43-1919, Counsel Stack Legal Research, https://law.counselstack.com/statute/id/43-1919.