57-212. BONDS FOR EACH PURPOSE A DISTINCT SERIES. All bonds authorized by the vote of the electors upon a distinct proposition submitted unto them or authorized by any governing board where no popular election is required by law and for one purpose, shall constitute a distinct series, the bonds of which may be issued by any such governing board in separate issues, if deemed by such governing board to be to the best interest of the issuer so to do. The bonds of each series and of each of the issues thereunder shall be distinguished upon the face of each of such bonds by some distinguishing numbers or letters or descriptive language as may be determined by any such governing board; and the bonds of each such issue shall be numbered from one upwards consecutively.
History:
[(57-212) 1927, ch. 262, sec. 4, subd. (i), p. 546; I.C.A., sec. 55-212.]
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.