Statutory Text
Idaho Code § 40-406 — Trust Funds.
TITLE 40 HIGHWAYS AND BRIDGES CHAPTER 4 IDAHO TURNPIKE AUTHORITY 40-406. Trust funds. All moneys received relating to turnpike projects, whether as proceeds from the sale of bonds or as revenues, shall be deemed to be trust funds to be held and applied solely for turnpike projects. A resolution authorizing bonds of any issue or a trust agreement securing bonds shall provide that any officer with whom, or any bank or trust company with which, the moneys shall be deposited shall act as trustee of the money and shall hold and apply it for the purposes of the turnpike project, subject to the resolution or as a trust agreement may provide.
History:[40-406, added 1985, ch. 253, sec. 2, p. 608.]
Source: legislature.idaho.gov — public domain
Official Source ↗
Root-LD Entity Data
◈ Machine-Readable Provenance Record
Root-LD v1.0 · boisestandard.org
Federation ID
BS-IC40-SEC-A8DB0B
Entity Class
STATUTE / IDAHO-STATE-CODE-SECTION
Domain Signature
boisestandard.org
Jurisdiction
Idaho — United States
Citation
Idaho Code § 40-406
Status
✓ ACTIVE
Source
PRIMARY-SOURCE
Source Verified
✓ TRUE
Content Hash
3a42004186c2b6f8...
Semantic Edges
Pending — corpus passes queued
The statutory text of Idaho Code § 40-406 is reproduced from the official Idaho Legislature website (legislature.idaho.gov), published by the Idaho Legislative Services Office. Idaho Code is public domain.
Navigate Corpus — Idaho Code Title 40
Ch. 4 — IDAHO TURNPIKE AUTHORITY
Idaho Code § 40-401Idaho Code § 40-402Idaho Code § 40-403Idaho Code § 40-404Idaho Code § 40-405Idaho Code § 40-406Idaho Code § 40-407Idaho Code § 40-408Idaho Code § 40-409Idaho Code § 40-410Idaho Code § 40-411Idaho Code § 40-412Idaho Code § 40-413Idaho Code § 40-414
Idaho Code — public domain
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