43-2112. METHOD OF RAISING FUNDS OR ISSUING FUNDS OR OTHER SECURITIES. Any funds, bonds or other securities which the district, under the plan of settlement, proposes to pay or deliver in satisfaction of any outstanding indebtedness, however evidenced, shall be raised, authorized and issued in the manner provided by the laws of the state of Idaho relating thereto, and this act shall not be construed as vesting in the board of directors of the district the power to provide money or authorize or issue bonds or securities in any other manner.
History:
[43-2112, added 1933, ch. 174, sec. 12, p. 316.]
Structure Idaho Code
Title 43 - IRRIGATION DISTRICTS
Section 43-2101 - BANKRUPT DISTRICTS — FINANCIAL STATEMENT — CONTENTS.
Section 43-2102 - CERTIFIED COPIES OF FINANCIAL STATEMENT — FILING.
Section 43-2103 - REHABILITATING OR REFINANCING PLANS.
Section 43-2104 - APPROVAL OF REHABILITATION PLAN BY CREDITORS.
Section 43-2106 - NATURE OF PROCEEDINGS.
Section 43-2107 - PUBLICATION OF NOTICE — CONTENTS.
Section 43-2109 - HEARING — PROCEDURE — CREDITORS — PROOF OF OWNERSHIP OF BONDS.
Section 43-2110 - APPROVAL OF PLAN BY COURT — RIGHTS OF DISSENTING CREDITORS.
Section 43-2111 - HARMLESS ERROR — APPEALS.
Section 43-2112 - METHOD OF RAISING FUNDS OR ISSUING FUNDS OR OTHER SECURITIES.