43-609. LIEN OF TAXES. All taxes for interest on and for the redemption of such refunding bonds shall be a lien on the taxable property of the district prior to all other liens, except the lien of general, state, county and school district taxes. Taxes levied for the payment of interest shall be payable in cash only, or by means of interest coupons detached from the refunding bonds issued under the provisions of this chapter, and maturing during the year in which such taxes are by law made payable; taxes levied for the payment of principal indebtedness shall be payable in cash only, or by means of refunding bonds issued under the provisions of this chapter, and maturing during the year in which such taxes are by law made payable. All taxes for interest shall be kept by the treasurer of the district as a special fund, to be used in payment of interest only; and all taxes for the redemption of such refunding bonds shall be kept by such district treasurer as a special fund, to be used for the redemption only of the principal of such refunding bonds.
History:
[(43-609) 1915, ch. 142, sec. 9, p. 299; reen. C.L., sec. 2406o; C.S., sec. 4383; I.C.A., sec. 42-609.]
Structure Idaho Code
Title 43 - IRRIGATION DISTRICTS
Section 43-601 - REFUNDING BONDS AUTHORIZED.
Section 43-602 - ELECTION TO AUTHORIZE.
Section 43-603 - AMOUNT — DATES OF MATURITY — RATE OF INTEREST.
Section 43-604 - SALE, EXCHANGE AND REGISTRATION.
Section 43-605 - NONPAYMENT WHEN DUE.
Section 43-606 - PAYMENT — APPORTIONMENT OF BENEFITS.
Section 43-607 - HEARINGS — CONFIRMATION OF PROCEEDINGS.
Section 43-608 - LEVY AND COLLECTION OF TAXES.
Section 43-609 - LIEN OF TAXES.
Section 43-610 - REFUNDING BONDS — ISSUANCE UPON RESOLUTION OF BOARD.
Section 43-611 - RESOLUTION AUTHORIZING BOND ISSUE TO STATE ISSUED UNDER THIS ACT.
Section 43-612 - LIABILITY OF TRACTS OF LAND LIMITED.
Section 43-613 - PAYMENT OF ASSESSMENT A BAR TO FURTHER ASSESSMENTS.
Section 43-614 - EMERGENCY FUND — LEVY AND COLLECTION — DISBURSEMENT.
Section 43-615 - PAYMENT OF ASSESSMENTS IN CASH, COUPONS OR BONDS.
Section 43-616 - CERTIFICATE ISSUED UPON PAYMENT OF BENEFITS APPORTIONED AGAINST LAND AND RECORDED.
Section 43-617 - MAINTENANCE FUND REPOSITORY OF UNEXPENDED MONEYS.