40-410. TOLLS. When all turnpike revenue bonds and the interest on them shall have been paid, or a sufficient amount for the payment of all bonds and the interest on them to the maturity of them, shall have been set aside for the benefit of bondholders, the board shall continue to use toll revenues as may be necessary to continue the turnpike project in satisfactory condition and repair.
History:
[40-410, added 1985, ch. 253, sec. 2, p. 610.]
Structure Idaho Code
Title 40 - HIGHWAYS AND BRIDGES
Chapter 4 - IDAHO TURNPIKE AUTHORITY
Section 40-401 - TURNPIKE PROJECTS.
Section 40-402 - IDENTIFICATION OF TURNPIKE PROJECTS.
Section 40-404 - FEEDER HIGHWAYS.
Section 40-405 - TOLLS, FIXING AND COLLECTING.
Section 40-408 - TAX EXEMPTION — TURNPIKE PROJECTS.
Section 40-409 - REAL PROPERTY GRANTS AUTHORIZED — ANNUAL REPORT — INTEREST IN CONTRACT PENALIZED.
Section 40-411 - POWER TO ISSUE BONDS — CREDIT OF STATE NOT PLEDGED.
Section 40-412 - BONDS OF BOARD AS TURNPIKE AUTHORITY.