Idaho Statutes

§ 43-2552 — BONDS PAYABLE FROM FUND

Idaho·Title 43 IRRIGATION DISTRICTS·Ch. 25 LOCAL IMPROVEMENT DISTRICTS
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 payable out of the local improvement fund created for the payment of cost and expenses of the improvement or out of any local improvement guarantee fund, duly authorized and created, and not otherwise.

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Legislative History

[43-2552, added 1993, ch. 407, sec. 1, p. 1499.]

Nearby Sections

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