2005 Idaho Code - 57-1405 — POWERS OF DIRECTOR OF THE DEPARTMENT OF AGRICULTURE

                                  TITLE  57
                           PUBLIC FUNDS IN GENERAL
                                  CHAPTER 14
                          RURAL REHABILITATION FUNDS
    57-1405.  POWERS OF DIRECTOR OF THE DEPARTMENT OF AGRICULTURE. The
director of agriculture is authorized and empowered to:
    (a)  Collect, compromise, adjust or cancel claims and obligations arising
out of or administered under this act or under any mortgage, lease, contract
or agreement entered into or administered pursuant to this act and, if in his
judgment, necessary and advisable, pursue the same to final collection in any
court having jurisdiction.
    (b)  Bid for and purchase at any execution, foreclosure or other sale, or
otherwise to acquire property upon which the director has a lien by reason of
a judgment or execution, or which is pledged, mortgaged, conveyed or which
otherwise secures any loan or other indebtedness owing to or acquired by the
director under this act, and
    (c)  Accept title to any property so purchased or acquired; to operate or
lease such property for such period as may be deemed necessary to protect the
investment therein; and to sell or otherwise dispose of such property in a
manner consistent with the provisions of this act.
    The authority herein contained shall be delegated to the secretary of
agriculture of the United States with respect to funds or assets authorized to
be administered and used by him under agreements entered into pursuant to
section 57-1403, Idaho Code.