43-2531. ASSIGNMENT OF DELINQUENT CERTIFICATES. Whenever any person shall tender to the treasurer in cash the amount of any such certificate and interest thereon at the rate of ten percent (10%) per annum from date of such certificate to the end of the month in which such purchase is made, together with any subsequent installments then due with penalties and interest thereon, the treasurer shall assign such delinquency certificate to the purchaser by making and executing for and on behalf of the district the blank assignment on both the original and duplicate thereof, and shall deliver the original certificate so assigned to the purchaser. Whenever the purchaser shall be required to pay subsequent assessments in addition to the amount of such delinquency certificate, the fact of such payment and the amount thereof including penalty and interest, shall be endorsed on the original and duplicate certificate so assigned. Thereafter the treasurer shall immediately make the proper entries showing such assignment in the local improvement district delinquency register, and in the installment docket; provided, that past due interest coupons and past due bonds of the local improvement district for which such certificate was issued shall be received by the treasurer, at par and accrued interest in payment of such certificates. Such bonds and coupons shall be forthwith cancelled by the treasurer.
History:
[43-2531, added 1993, ch. 407, sec. 1, p. 1491.]
Structure Idaho Code
Title 43 - IRRIGATION DISTRICTS
Chapter 25 - LOCAL IMPROVEMENT DISTRICTS
Section 43-2501 - SHORT TITLE.
Section 43-2502 - DEFINITIONS.
Section 43-2503 - POWERS CONFERRED.
Section 43-2504 - INITIATION OF ORGANIZATION OF LOCAL IMPROVEMENT DISTRICT.
Section 43-2505 - RESOLUTION OF INTENTION TO CREATE DISTRICT.
Section 43-2506 - NOTICE OF INTENTION AND HEARING.
Section 43-2507 - PROTESTS AND HEARINGS.
Section 43-2509 - LIMITATION ON ASSESSMENTS AGAINST PROPERTY.
Section 43-2510 - PREPARATION OF ASSESSMENT ROLL AND NOTICE OF HEARING THEREON.
Section 43-2511 - NOTICE OF HEARING ON ASSESSMENT ROLL.
Section 43-2512 - HEARING OBJECTIONS TO ASSESSMENT ROLL AND CONFIRMATION.
Section 43-2513 - CONFIRMATION OF ASSESSMENT ROLL.
Section 43-2514 - NOTICE AND PAYMENT OF ASSESSMENTS.
Section 43-2515 - INSTALLMENT DOCKET.
Section 43-2516 - APPEAL PROCEDURE — EXCLUSIVE REMEDY.
Section 43-2517 - ADDITIONAL IMPROVEMENTS.
Section 43-2518 - REASSESSMENT OF BENEFITS.
Section 43-2519 - LIEN OF ASSESSMENT — FORECLOSURE.
Section 43-2520 - SEGREGATION OF ASSESSMENTS.
Section 43-2521 - BONDS — REGISTERED WARRANTS — INTERIM WARRANTS — ELECTION NOT REQUIRED.
Section 43-2522 - LIABILITY OF DISTRICT.
Section 43-2523 - BOND AND INTEREST FUNDS.
Section 43-2524 - REISSUE OF BONDS.
Section 43-2525 - RIGHTS AGAINST ASSESSMENTS.
Section 43-2526 - PUBLICATION AND CONCLUSIVENESS OF PROCEEDINGS.
Section 43-2527 - CONSOLIDATED LOCAL IMPROVEMENT DISTRICTS AUTHORIZED.
Section 43-2528 - DELINQUENT INSTALLMENTS.
Section 43-2529 - DELINQUENT CERTIFICATES.
Section 43-2530 - DELINQUENT CERTIFICATE REGISTER.
Section 43-2531 - ASSIGNMENT OF DELINQUENT CERTIFICATES.
Section 43-2532 - FORM OF ASSIGNMENT — ASSIGNMENT BY PURCHASER.
Section 43-2535 - NOTICE OF EXPIRATION OF TIME OF REDEMPTION.
Section 43-2536 - PROOF OF NOTICE.
Section 43-2537 - EFFECT OF DEED AS EVIDENCE.
Section 43-2538 - DELINQUENCY CERTIFICATE FOR SUBSEQUENT INSTALLMENTS.
Section 43-2539 - FEES OF TREASURER.
Section 43-2540 - SUIT TO QUIET TITLE.
Section 43-2541 - SALE OF PROPERTY DEEDED TO DISTRICT.
Section 43-2542 - SALE OF PROPERTY AFTER MATURITY OF BONDS.
Section 43-2543 - DISPOSITION OF FUNDS.
Section 43-2544 - DELINQUENT CERTIFICATE NOT ASSIGNABLE DURING PENDENCY OF ACTION.
Section 43-2545 - DUTIES OF OFFICERS.
Section 43-2546 - LOCAL IMPROVEMENT GUARANTEE FUND — CREATION OF FUND.
Section 43-2549 - MAINTENANCE AND OPERATION AND SOURCES OF FUND.
Section 43-2550 - REPLENISHMENT OF FUND — WARRANTS — ISSUANCE AGAINST FUND — TAX LEVY.
Section 43-2551 - BONDS AND WARRANTS — REVENUES FROM WHICH PAYABLE.
Section 43-2552 - BONDS PAYABLE FROM FUND.