40-1411. APPORTIONMENT OF FUNDS TO PAY DEBTS OF DISSOLVED DISTRICTS. Each year after its dissolution and until all indebtedness, including outstanding warrants of a dissolved system or district shall have been fully paid, it shall be the duty of the succeeding county-wide highway district in which the districts were situated, to apportion for the benefit of any dissolved county or city highway system, or highway district that portion of moneys arising out of the highway users’ moneys and the moneys from all other sources as the system or district would be entitled to receive had it not been dissolved. The treasurer of the succeeding county-wide highway district shall place the moneys to the credit of the county-wide district in a special fund in the county treasury with other funds belonging to the district, the funds to be used for payment of the dissolved system’s or district’s bonded or funded indebtedness.
History:
[40-1411, added 1985, ch. 253, sec. 2, p. 661.]
Structure Idaho Code
Title 40 - HIGHWAYS AND BRIDGES
Chapter 14 - SINGLE COUNTY-WIDE HIGHWAY DISTRICTS
Section 40-1401 - ELECTION TO ESTABLISH DISTRICT.
Section 40-1403 - REJECTION OF PLAN — INTERVALS FOR NEW ELECTIONS.
Section 40-1404B - VACANCIES — FILLING A MID-TERM VACANCY.
Section 40-1405 - ORGANIZATION OF DISTRICT — OFFICERS — OFFICIAL BONDS.
Section 40-1406A - SUMMARIZATION OF ORDINANCES PERMITTED — REQUIREMENTS.
Section 40-1407 - DISSOLUTION OF EXISTING DISTRICTS OR SYSTEMS — TRANSFER OF FUNDS.
Section 40-1408 - EXPENSE OF NOTICES AND DISSOLUTION PROCEEDINGS.
Section 40-1409 - EXPENSES OF ELECTION.
Section 40-1410 - EXISTING SYSTEMS AND DISTRICTS — TRANSFER — LIABILITY.
Section 40-1411 - APPORTIONMENT OF FUNDS TO PAY DEBTS OF DISSOLVED DISTRICTS.
Section 40-1413 - BALANCE OF FUNDS OF DISSOLVED SYSTEM OR DISTRICT — DISPOSITION — NO FUNDS TO CITY.
Section 40-1414 - CREATION OF LOCAL IMPROVEMENT DISTRICTS.
Section 40-1416 - AUTHORIZATION FOR VOTERS TO APPROVE VEHICLE REGISTRATION FEE.
Section 40-1418 - PROCEEDINGS FOR DISSOLUTION OF EXISTING SINGLE COUNTYWIDE HIGHWAY DISTRICT.