Idaho § 67-8718 CREDIT ENHANCEMENT OR LIQUIDITY

Idaho Statutes

§ 67-8718 — CREDIT ENHANCEMENT OR LIQUIDITY

Idaho § 67-8718

Title 67STATE GOVERNMENT AND STATE AFFAIRS

Ch. 87IDAHO BOND BANK AUTHORITY

This text of Idaho § 67-8718 (CREDIT ENHANCEMENT OR LIQUIDITY) 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 § 67-8718 (2026).

Text

(1)The authority may enter into agreements to obtain, from a department or agency of the United States or from a nongovernmental financial institution or other entity, insurance, guaranty or other credit enhancement or liquidity for the payment of interest or principal on, or payment of the purchase price on tender of:

(a)Bonds issued by the authority;

(b)Municipal bonds purchased or held by the authority; and

(c)Other municipal bonds as the authority determines to be appropriate.

(2)Agreements as provided in subsection (1) of this section may contain such payment, interest rate, security, default, remedies or other terms and conditions as the authority may determine to be necessary or appropriate.

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(1) The authority may enter into agreements to obtain, from a department or agency of the United States or from a nongovernmental financial institution or other entity, insurance, guaranty or other credit enhancement or liquidity for the payment of interest or principal on, or payment of the purchase price on tender of:
(a) Bonds issued by the authority;
(b) Municipal bonds purchased or held by the authority; and
(c) Other municipal bonds as the authority determines to be appropriate.
(2) Agreements as provided in subsection (1) of this section may contain such payment, interest rate, security, default, remedies or other terms and conditions as the authority may determine to be necessary or appropriate.