33-1118. COMPLIANCE WITH STATUTE IS NOTICE OF EXERCISE OF OPTION. A compliance with the provisions of section 33-1117 shall be deemed sufficient notice to the owner or owners of such bonds that the school district has exercised its option to pay and redeem the bonds described, and interest thereon shall cease at the redeemable or callable date named in the notice.
History:
[33-1118, added 1963, ch. 13, sec. 114, p. 27.]
Structure Idaho Code
Section 33-1101 - EXISTING ISSUES UNIMPAIRED.
Section 33-1102 - PURPOSES FOR WHICH BONDS MAY BE ISSUED.
Section 33-1103 - DEFINITIONS — BONDS — LIMITATION ON AMOUNT — ELECTIONS TO AUTHORIZE ISSUANCE.
Section 33-1107 - PLAN AND FORM OF BONDS — AMORTIZATION.
Section 33-1109 - SIGNATURE AND RECORDING OF BONDS.
Section 33-1111 - SALE OF BONDS.
Section 33-1112 - PAYMENT, DEPOSIT AND USE OF FUNDS.
Section 33-1113 - DISPOSITION OF UNEXPENDED BALANCE.
Section 33-1114 - LEVY FOR LIQUIDATION OF BONDED INDEBTEDNESS.
Section 33-1115 - DISTRICT RESPONSIBLE FOR BONDS.
Section 33-1117 - CALL OR REDEMPTION OF BONDS — NOTICE.
Section 33-1118 - COMPLIANCE WITH STATUTE IS NOTICE OF EXERCISE OF OPTION.
Section 33-1119 - REDEMPTION OF BONDS HELD BY STATE.
Section 33-1120 - DISPOSITION OF MONEY REMAINING AFTER REDEMPTION.
Section 33-1121 - REFUNDING BONDS AND ADVANCE REFUNDING BONDS.