2005 Idaho Code - 38-1022 — REFUNDING BONDS

                                  TITLE  38
                        FORESTRY, FOREST PRODUCTS AND
                              STUMPAGE DISTRICTS
                                  CHAPTER 10
                              STUMPAGE DISTRICTS
    38-1022.  REFUNDING BONDS. Such stumpage commissioners may, at any time
thereafter, issue such bonds in the manner and form herein prescribed for the
purpose of funding any outstanding warrants or obligations of such district.
In case of such last-named issue all the outstanding warrants shall
immediately become due and payable upon receipt of the money by the county
treasurer from the sale of said bonds and upon a call of such outstanding
obligations to be issued by him. Such call shall be made by the treasurer
immediately upon the receipt of the proceeds from the sale of said bonds, by
publication for two (2) weeks in a newspaper published in the county wherein
said district is situated, and such warrants and outstanding obligations shall
cease to draw interest at the end of thirty (30) days after the date of the
first publication.