67-6403. CREATION OF AUTHORITY. There is hereby created and established an independent public body corporate and politic to be known as the Idaho state building authority to carry out the provisions of this act. The authority is hereby constituted a public instrumentality exercising public and essential governmental functions, and the exercise by the authority of the powers conferred by this act shall be deemed and held to be the performance of an essential governmental function of the state. The authority shall not have the power to levy and collect taxes.
History:
[67-6403, added 1974, ch. 111, sec. 3, p. 1263.]
Structure Idaho Code
Title 67 - STATE GOVERNMENT AND STATE AFFAIRS
Chapter 64 - IDAHO STATE BUILDING AUTHORITY ACT
Section 67-6401 - SHORT TITLE.
Section 67-6402 - DEFINITIONS.
Section 67-6403 - CREATION OF AUTHORITY.
Section 67-6404 - DECLARATION OF POLICY.
Section 67-6405 - APPOINTMENT AND REMOVAL OF COMMISSIONERS.
Section 67-6406 - EXECUTIVE DIRECTOR.
Section 67-6407 - CONFLICT OF INTEREST.
Section 67-6408 - NO FORFEITURE OF OFFICE.
Section 67-6409 - GENERAL POWERS OF THE AUTHORITY.
Section 67-6410 - PROCEDURE PRIOR TO FINANCING BUILDING DEVELOPMENTS OR BUILDING PROJECTS.
Section 67-6411 - COOPERATION WITH MUNICIPALITIES, STATE BODIES OR COMMUNITY COLLEGE DISTRICTS.
Section 67-6412 - EXEMPTION FROM TAXATION.
Section 67-6413 - ANNUAL REPORT.
Section 67-6414 - BONDING PROVISIONS.
Section 67-6415 - REFUNDING OBLIGATIONS — ISSUANCE.
Section 67-6416 - REFUNDING OBLIGATIONS — USE OF PROCEEDS.
Section 67-6417 - DEPOSIT OF AUTHORITY MONEYS.
Section 67-6418 - CONTRACT OF THE STATE.
Section 67-6419 - LIMITATION OF LIABILITY ON AUTHORITY OBLIGATIONS.
Section 67-6420 - REMEDIES OF BOND AND NOTE HOLDERS.
Section 67-6421 - STATE GRANTS AND LEASES TO AUTHORITY.
Section 67-6422 - AUTHORITY OBLIGATIONS ARE LEGAL INVESTMENTS.