Idaho § 70-2111 CONVEYANCE OF TITLE TO LESSEE

Idaho Statutes

§ 70-2111 — CONVEYANCE OF TITLE TO LESSEE

Idaho § 70-2111

Title 70WATERCOURSES AND PORT DISTRICTS

Ch. 21IDAHO PORT DISTRICT ECONOMIC DEVELOPMENT FINANCING ACT

This text of Idaho § 70-2111 (CONVEYANCE OF TITLE TO LESSEE) 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 § 70-2111 (2026).

Text

At or prior to the time the principal, interest and premium, if any, on any revenue bonds issued hereunder to provide a particular project have been fully paid, the port district may execute such deeds and conveyances as are necessary and required to convey its right, title and interest in such project to any person, provided that if such conveyance is made prior to when the revenue bonds are fully paid, the port district has determined that adequate provision has been made for the payment of the principal, interest and premium, if any, on the bonds as they become due.

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At or prior to the time the principal, interest and premium, if any, on any revenue bonds issued hereunder to provide a particular project have been fully paid, the port district may execute such deeds and conveyances as are necessary and required to convey its right, title and interest in such project to any person, provided that if such conveyance is made prior to when the revenue bonds are fully paid, the port district has determined that adequate provision has been made for the payment of the principal, interest and premium, if any, on the bonds as they become due.