67-3908. VALIDATION. Whenever any taxing district has heretofore filed or purported or attempted to file a petition under chapter IX of the Federal Bankruptcy Statute or has taken or attempted to take any other proceedings under or in contemplation of proceedings under chapter IX of the Federal Bankruptcy Statute, all acts and proceedings of such taxing district and of the governing board or body and of public officers of such taxing district in connection with such petition or proceedings, are hereby legalized, ratified, confirmed and declared valid to all intents and purposes and the power of such taxing district to file such petition and take such other proceedings is hereby ratified, confirmed and declared, but all such proceedings taken after the date this act takes effect [February 28, 1939] shall be taken in accordance with and pursuant to this act.
History:
[67-3908. added 1939, ch. 110, sec. 8, p. 184.]
Structure Idaho Code
Title 67 - STATE GOVERNMENT AND STATE AFFAIRS
Chapter 39 - FINANCIAL RELIEF OF TAXING DISTRICTS UNDER FEDERAL BANKRUPTCY STATUTE
Section 67-3901 - “TAXING DISTRICT” DEFINED.
Section 67-3902 - EXERCISE OF POWERS.
Section 67-3903 - PETITION BY DISTRICT.
Section 67-3904 - RESOLUTION AUTHORIZING FILING.
Section 67-3905 - PLAN OF READJUSTMENT AUTHORIZED.
Section 67-3906 - PREREQUISITE TO DECREE.
Section 67-3907 - POWERS OF DISTRICT TO CONSUMMATE PLAN OF READJUSTMENT.