2005 Idaho Code - 38-1025 — PAYMENT OF BONDS

                                  TITLE  38
                        FORESTRY, FOREST PRODUCTS AND
                              STUMPAGE DISTRICTS
                                  CHAPTER 10
                              STUMPAGE DISTRICTS
    38-1025.  PAYMENT OF BONDS. It shall be the duty of the county treasurer
of any county in which there may be a stumpage district issuing bonds under
the provisions of this chapter, whenever he has upon hand $2,000 of the
special fund for the payment of said bonds and when said bonds shall have run
for a period of five (5) years, to advertise in a newspaper for the
presentation to him for payment of as many of the bonds issued under the
provisions of this chapter as he is able to pay with the funds, to be paid in
numerical order of said bonds, beginning with the bond number one, until all
of said bonds are paid: provided, that thirty (30) days after the first
publication of said notice of the treasurer calling in any of said bonds, said
bonds shall cease to bear interest.