Statutory Text
Idaho Code § 42-2213 — Accumulated Surplus Funds — Investment.
TITLE 42 IRRIGATION AND DRAINAGE — WATER RIGHTS AND RECLAMATION CHAPTER 22 OPERATING COMPANIES — LIEN FOR MAINTENANCE CHARGES 42-2213. Accumulated surplus funds — Investment. When any corporation organized for the operation, control or management of an irrigation project or canal system, or for the purpose of furnishing water to its shareholders and not for profit or hire, shall have accumulated, out of assessment funds or otherwise, reasonable reserves for emergency, contingent or non-recurring expenses and charges, the funds held in such reserves may be invested by the board of directors of such company under the standards specified in the Prudent Man Investment Act as set forth in chapter 5, title 68 , Idaho Code.
History:[42-2213, added 1965, ch. 186, sec. 2, p. 393.]
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-IC42-SEC-581815
Entity Class
STATUTE / IDAHO-STATE-CODE-SECTION
Domain Signature
boisestandard.org
Jurisdiction
Idaho — United States
Citation
Idaho Code § 42-2213
Status
✓ ACTIVE
Source
PRIMARY-SOURCE
Source Verified
✓ TRUE
Content Hash
defd4fb3239bff3c...
Semantic Edges
Pending — corpus passes queued
The statutory text of Idaho Code § 42-2213 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 42
Ch. 22 — OPERATING COMPANIES — LIEN FOR MAINTENANCE CHARGES
Idaho Code § 42-2201Idaho Code § 42-2201AIdaho Code § 42-2203Idaho Code § 42-2205Idaho Code § 42-2206Idaho Code § 42-2207Idaho Code § 42-2208Idaho Code § 42-2209Idaho Code § 42-2210Idaho Code § 42-2211Idaho Code § 42-2212Idaho Code § 42-2213
Idaho Code — public domain
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