Idaho § 58-321 REBATES OF UNEARNED INTEREST ON CERTIFICATES OF SALE

Idaho Statutes

§ 58-321 — REBATES OF UNEARNED INTEREST ON CERTIFICATES OF SALE

Idaho § 58-321

Title 58PUBLIC LANDS

Ch. 3APPRAISEMENT, LEASE, AND SALE OF LANDS

This text of Idaho § 58-321 (REBATES OF UNEARNED INTEREST ON CERTIFICATES OF SALE) 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 § 58-321 (2026).

Text

In all cases where, since January 1, 1917, interest on deferred payments of principal due the state of Idaho on contracts or certificates of sale of state lands has been, or shall hereafter be, paid in advance and during the advance period for which such interest is paid, the principal of said contract or certificate of sale is paid in full, thereby leaving in the hands of the state of Idaho a balance of unearned interest, such balance of unearned interest shall be repaid to the certificate or contract holder who makes final payment of principal thereon.

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In all cases where, since January 1, 1917, interest on deferred payments of principal due the state of Idaho on contracts or certificates of sale of state lands has been, or shall hereafter be, paid in advance and during the advance period for which such interest is paid, the principal of said contract or certificate of sale is paid in full, thereby leaving in the hands of the state of Idaho a balance of unearned interest, such balance of unearned interest shall be repaid to the certificate or contract holder who makes final payment of principal thereon.