39-8114. CHAPTER NOT A LIMITATION OF POWERS. This chapter does not restrict or limit the powers which the basin project commission or financing authority might otherwise have under any laws of this state, and this chapter is cumulative to those powers. This chapter provides an additional and alternative method for actions authorized and shall be regarded as supplemental and additional to powers conferred by other laws. However, the issuance of bonds, notes and other obligations and refunding bonds under this chapter need not comply with the requirements of any other state law applicable to the issuance of bonds, notes and other obligations. Contracts for the construction and acquisition of any facilities undertaken pursuant to this chapter need not comply with any other state law applicable to contracts for the construction and acquisition of state owned property. No proceedings, notice or approval is required for the issuance of any bonds, notes and other obligations or any instrument as security therefor, except as is provided in this chapter.
History:
[39-8114, added 2001, ch. 371, sec. 2, p. 1308.]
Structure Idaho Code
Chapter 81 - BASIN ENVIRONMENTAL IMPROVEMENT ACT
Section 39-8101 - SHORT TITLE.
Section 39-8102 - POLICY OF STATE.
Section 39-8103 - DEFINITIONS.
Section 39-8105 - GOVERNOR SHALL REQUEST RECIPROCAL LEGISLATION OR RESOLUTION.
Section 39-8107 - BASIN FUND AND FINANCING AUTHORITY — ESTABLISHMENT — ADMINISTRATORS — POWERS.
Section 39-8108 - FINANCING AUTHORITY MAY ISSUE NOTES AND BONDS — RELATED POWERS AND DUTIES.
Section 39-8109 - NOTES AND BONDS — STATE WILL NOT IMPAIR VESTED RIGHTS.
Section 39-8110 - LIMITATION OF LIABILITY — NOTES AND BONDS ARE NOT A DEBT OF THE STATE.
Section 39-8111 - STATE MAY MAKE GRANTS TO FINANCING AUTHORITY.
Section 39-8112 - NOTES AND BONDS OF FINANCING AUTHORITY ARE LEGAL INVESTMENTS.
Section 39-8113 - NOTES AND BONDS OF FINANCING AUTHORITY ARE TAX EXEMPT.
Section 39-8114 - CHAPTER NOT A LIMITATION OF POWERS.
Section 39-8115 - INCONSISTENT LAWS — THIS CHAPTER CONTROLS.