33-1120. DISPOSITION OF MONEY REMAINING AFTER REDEMPTION. Any money remaining in the bond interest and redemption fund of any school district after all of any issue of school bonds and all interest thereon have been paid, redeemed and canceled shall be held to apply against the redemption of any other bonds issued by the district or, such money may be credited to the school plant facilities reserve fund; if the district has not established such fund, such money may be transferred to the credit of the general fund of the district. Any transfer or credit authorized by this section shall be upon resolution of the board of trustees.
History:
[33-1120, added 1963, ch. 13, sec. 116, p. 27; am. 1996, ch. 341, sec. 1, p. 1147.]
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.