Idaho § 67-8724 RIGHTS NOT TO BE IMPAIRED BY STATE

Idaho Statutes

§ 67-8724 — RIGHTS NOT TO BE IMPAIRED BY STATE

Idaho § 67-8724

Title 67STATE GOVERNMENT AND STATE AFFAIRS

Ch. 87IDAHO BOND BANK AUTHORITY

This text of Idaho § 67-8724 (RIGHTS NOT TO BE IMPAIRED BY STATE) 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 § 67-8724 (2026).

Text

The state does hereby pledge to and agree with the holders of any bonds issued under this chapter that the state will not limit or alter the rights hereby vested in the authority to fulfill the terms of any agreements made with the holders thereof or in any way impair the security, rights or remedies of such holders until the bonds, with interest thereon, are fully paid and discharged. The authority is authorized to include this pledge and agreement in any indenture, trust agreement or other agreement with the holders of such bonds.

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The state does hereby pledge to and agree with the holders of any bonds issued under this chapter that the state will not limit or alter the rights hereby vested in the authority to fulfill the terms of any agreements made with the holders thereof or in any way impair the security, rights or remedies of such holders until the bonds, with interest thereon, are fully paid and discharged. The authority is authorized to include this pledge and agreement in any indenture, trust agreement or other agreement with the holders of such bonds.