57-208. BONDS — INTEREST RATE. All such bonds shall bear interest at a rate or rates as may be fixed by any such governing board prior to the issuance of such bonds, which interest shall be payable semiannually (or as specially provided for hereinbefore) on such dates as may be fixed by any such governing board prior to the issue of any such bonds: provided, that when any proposition of the issuance of any such bond submitted to the vote of the electors shall have specified a maximum rate of interest to be borne by such bonds, the rate of interest thereon shall not exceed such specified maximum rate.
History:
[(57-208) 1927, ch. 262, sec. 4, subd. (e), p. 546; I.C.A., sec. 55-208; am. 1970, ch. 133, sec. 18, p. 309.]
Structure Idaho Code
Title 57 - PUBLIC FUNDS IN GENERAL
Chapter 2 - MUNICIPAL BOND LAW
Section 57-201 - TITLE OF ACT.
Section 57-202 - APPLICATION OF ACT — DEFINITIONS.
Section 57-203 - AUTHORIZATION OF BONDS.
Section 57-204 - BONDS — FORM AND RECITALS.
Section 57-205 - BONDS — EXECUTION AND SIGNING.
Section 57-206 - BONDS — INTEREST COUPONS — FORM AND RECITALS.
Section 57-207 - BONDS — DENOMINATION.
Section 57-208 - BONDS — INTEREST RATE.
Section 57-209 - BONDS AND INTEREST COUPONS — WHERE PAYABLE.
Section 57-210 - BONDS — MAXIMUM TERM.
Section 57-211 - BONDS — AMORTIZED MATURITIES.
Section 57-212 - BONDS FOR EACH PURPOSE A DISTINCT SERIES.
Section 57-213 - BONDS — REGISTRATION.
Section 57-214 - SALE OF BONDS — PROCEDURE — MINIMUM PRICE.
Section 57-215 - SALE OF BONDS — NOTICE AND REQUEST FOR BIDS — PUBLICATION.
Section 57-219 - REGISTRATION OF BONDS — LIABILITY OF TREASURER.
Section 57-220 - APPLICATION OF PROCEEDS.
Section 57-222 - TAX LEVIES AND SINKING FUND.
Section 57-223 - SEPARABILITY.
Section 57-225 - BONDS ISSUED UNDER FORMER LAWS.
Section 57-226 - EFFECTIVE DATE OF ACT.
Section 57-228 - BONDS — AMORTIZED MATURITIES.
Section 57-229 - “ISSUER” DEFINED.
Section 57-230 - POWERS OF ISSUER.
Section 57-232 - SALE OF BONDS — DEFINITION OF PRIVATE SALE.
Section 57-233 - SALE OF BONDS — ELECTRONIC BIDDING.
Section 57-234 - CREATION AND PERFECTION OF GOVERNMENT SECURITY INTERESTS.