2005 Idaho Code - 38-1024 — LEVY FOR SINKING FUND

                                  TITLE  38
                        FORESTRY, FOREST PRODUCTS AND
                              STUMPAGE DISTRICTS
                                  CHAPTER 10
                              STUMPAGE DISTRICTS
    38-1024.  LEVY FOR SINKING FUND. Five (5) years after said bonds have been
issued the stumpage commissioners of said district issuing them are hereby
authorized and required annually to levy an assessment sufficient to liquidate
said bonds at maturity. Such assessment shall be collected by the official
whose duty it is to collect taxes and kept as a separate fund for the sole
purpose of liquidating said bonds in accordance with the provisions of the
following section.