50-2714. COMMINGLING OF BOND PROCEEDS OR REVENUES WITH MUNICIPAL FUNDS PROHIBITED. No part of the proceeds received from the sale of any revenue bonds under this chapter, of any revenues derived from any industrial development facility required or held under this chapter, or of any interest realized on moneys received under this chapter may be commingled by the public corporation with funds of the municipality creating the public corporation.
History:
[50-2714, added 1982, ch. 119, sec. 1, p. 335.]
Structure Idaho Code
Title 50 - MUNICIPAL CORPORATIONS
Chapter 27 - MUNICIPAL INDUSTRIAL DEVELOPMENT PROGRAM
Section 50-2701 - FINDING AND DECLARATION OF NECESSITY.
Section 50-2702 - DEFINITIONS.
Section 50-2703 - PUBLIC CORPORATIONS — CREATION, DISSOLUTION.
Section 50-2704 - BOARD OF DIRECTORS OF A PUBLIC CORPORATION.
Section 50-2705 - PUBLIC CORPORATIONS — DIRECTORS.
Section 50-2706 - PUBLIC CORPORATIONS — LIMITATIONS.
Section 50-2707 - PUBLIC CORPORATIONS — AUDIT BY STATE.
Section 50-2708 - PUBLIC CORPORATIONS — POWERS.
Section 50-2709 - REPORTING AND ASSISTANCE.
Section 50-2710 - REVENUE BONDS — PROVISIONS.
Section 50-2711 - INVESTMENT OF FUNDS.
Section 50-2712 - REVENUE BONDS — REFUNDING.
Section 50-2713 - TRUST AGREEMENTS.
Section 50-2714 - COMMINGLING OF BOND PROCEEDS OR REVENUES WITH MUNICIPAL FUNDS PROHIBITED.
Section 50-2715 - SUBLEASES AND ASSIGNMENT.
Section 50-2716 - DETERMINATION OF RENT.
Section 50-2717 - PROCEEDINGS IN THE EVENT OF DEFAULT.
Section 50-2718 - PUBLICATION OF PROCEEDINGS — CONTEST PERIOD.
Section 50-2719 - TAX EXEMPTION.
Section 50-2721 - BONDS ELIGIBLE FOR INVESTMENT.
Section 50-2722 - CONVEYANCE OF TITLE TO USER.
Section 50-2723 - CONSTRUCTION — SUPPLEMENTAL NATURE OF CHAPTER.