2005 Idaho Code - 40-2209 — EFFECT OF DETACHMENT OF TERRITORY -- APPORTIONMENT OF INDEBTEDNESS

                                  TITLE  40
                             HIGHWAYS AND BRIDGES
                                  CHAPTER 22
                     DETACHMENT OF TERRITORY BY PETITION
                       AND ORGANIZATION OF NEW DISTRICT
    40-2209.  EFFECT OF DETACHMENT OF TERRITORY -- APPORTIONMENT OF
INDEBTEDNESS. The detachment of territory from the district shall be deemed to
relate only to the operations of the district subsequent to the order of
detachment. Territory detached and all taxable property in that territory
shall be and remain liable for the proportionate share of all bonded, warrant,
and other indebtedness incurred by the district prior to the time of
detachment. The proportionate share of the indebtedness of the district
incurred prior to the order of detachment shall be borne by the detached
territory and shall be computed as provided in section 40-1609, Idaho Code.