Statutory Text

Idaho Code § 50-1041 — Tax Levy To Pay Bonds Prohibited.

TITLE 50 MUNICIPAL CORPORATIONS CHAPTER 10 FINANCES 50-1041. Tax levy to pay bonds prohibited. The provisions of 57-203, Idaho Code, relating to the levy of taxes for the payment of bonds, shall not be applicable to bonds issued by a city under the Revenue Bond Act, and the principal or interest thereof shall not be charged upon the city issuing the same. The holder or holders of any bonds issued under the Revenue Bond Act shall not have the right to compel any exercise of the taxing power of the city to pay said bonds or the interest thereon.

History:[50-1041, added 1967, ch. 429, sec. 201, p. 1249.]

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-IC50-SEC-F22C5A

Entity Class

STATUTE / IDAHO-STATE-CODE-SECTION

Domain Signature

boisestandard.org

Jurisdiction

Idaho — United States

Citation

Idaho Code § 50-1041

Status

✓ ACTIVE

Source

PRIMARY-SOURCE

Source Verified

✓ TRUE

Content Hash

5da452732ab5cadc...

Semantic Edges

Pending — corpus passes queued

The statutory text of Idaho Code § 50-1041 is reproduced from the official Idaho Legislature website (legislature.idaho.gov), published by the Idaho Legislative Services Office. Idaho Code is public domain.

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Ch. 10 — FINANCES

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