67-6215. RIGHTS NOT TO BE IMPAIRED BY STATE. The state does hereby pledge to and agree with the holders of any notes or bonds issued under this act that the state will not limit or alter the rights hereby vested in the association to fulfill the terms of any agreements made with the said holders thereof or in any way impair the rights and remedies of such holders until such notes and bonds, together with the interest thereon, with interest on any unpaid installments of interest, and all costs and expenses in connection with any action or proceeding by or on behalf of such holders, are fully met and discharged. The association is authorized to include this pledge and agreement of the state in any agreement with the holders of such notes or bonds.
History:
[67-6215, added I.C., sec. 67-6215, as added by 1974, ch. 104, sec. 23, p. 1210; am. 1996, ch. 253, sec. 18, p. 824.]
Structure Idaho Code
Title 67 - STATE GOVERNMENT AND STATE AFFAIRS
Chapter 62 - IDAHO HOUSING AND FINANCE ASSOCIATION
Section 67-6202 - IDAHO HOUSING AND FINANCE ASSOCIATION CREATED.
Section 67-6203 - COMMISSIONERS — CHAIRMAN — APPOINTMENTS.
Section 67-6204 - VICE-CHAIRMAN, EXECUTIVE DIRECTOR AND OTHER PERSONNEL — APPOINTMENTS — QUORUM.
Section 67-6205 - DEFINITIONS.
Section 67-6206 - POWERS OF ASSOCIATION.
Section 67-6207A - ADDITIONAL POWERS.
Section 67-6207B - MORTGAGE LOANS — RULES — PURCHASE.
Section 67-6207C - HOUSING SPONSORSHIP.
Section 67-6207D - PERIODIC EXAMINATION OF INCOME OF PERSONS RESIDING IN HOUSING PROJECTS.
Section 67-6208 - TAX EXEMPT STATUS.
Section 67-6209 - HOUSING PROJECTS SUBJECTED TO ORDINANCES AND REGULATIONS.
Section 67-6210 - POWER TO ISSUE BONDS.
Section 67-6211 - ADDITIONAL DEFINITIONS AND CAPITAL RESERVE FUND PROCEDURES.
Section 67-6212 - REFUNDING OF OBLIGATIONS.
Section 67-6213 - DEPOSIT OF FUNDS.
Section 67-6214 - RIGHTS OF BONDHOLDER.
Section 67-6215 - RIGHTS NOT TO BE IMPAIRED BY STATE.
Section 67-6215A - REMEDIES OF BONDHOLDERS.
Section 67-6215B - LEGAL INVESTMENTS.
Section 67-6216 - AUTHORITY TO MAKE LOANS.
Section 67-6218 - FEASIBILITY.
Section 67-6219 - TECHNICAL ASSISTANCE.
Section 67-6220 - AUDITS — ANNUAL REPORTS.
Section 67-6221 - CONFLICT OF INTEREST.
Section 67-6222 - EXEMPTION OF REAL PROPERTY OF ASSOCIATION FROM LEVY AND SALE BY EXECUTION.
Section 67-6223A - DONATIONS TO HOUSING AND FINANCE ASSOCIATION.
Section 67-6224 - CONSTRUCTION OF ACT.
Section 67-6224A - LEGISLATIVE CONSTRUCTION.
Section 67-6225 - CONSTITUTIONALITY.