Section 39-8111 – STATE MAY MAKE GRANTS TO FINANCING AUTHORITY.
39-8111. STATE MAY MAKE GRANTS TO FINANCING AUTHORITY. The state may make grants of money or property to the financing authority for the purpose of enabling it to carry out its corporate purposes and for the exercise of its powers including, but not limited to, deposits to the reserve funds. This section does not limit […]
Section 39-8112 – NOTES AND BONDS OF FINANCING AUTHORITY ARE LEGAL INVESTMENTS.
39-8112. NOTES AND BONDS OF FINANCING AUTHORITY ARE LEGAL INVESTMENTS. The notes and bonds of the financing authority are legal investments in which all public officers and public bodies of this state, its political subdivisions, all municipalities and municipal subdivisions, all insurance companies and associations and other persons carrying on an insurance business, all banks, […]
Section 39-8113 – NOTES AND BONDS OF FINANCING AUTHORITY ARE TAX EXEMPT.
39-8113. NOTES AND BONDS OF FINANCING AUTHORITY ARE TAX EXEMPT. The basin project commission and the financing authority perform essential governmental functions in the exercise of the powers conferred upon them under this chapter. The notes and bonds of the financing authority issued under this chapter, and the income therefrom, including any profit made on […]
Section 39-8114 – CHAPTER NOT A LIMITATION OF POWERS.
39-8114. CHAPTER NOT A LIMITATION OF POWERS. This chapter does not restrict or limit the powers which the basin project commission or financing authority might otherwise have under any laws of this state, and this chapter is cumulative to those powers. This chapter provides an additional and alternative method for actions authorized and shall be […]
Section 39-8115 – INCONSISTENT LAWS — THIS CHAPTER CONTROLS.
39-8115. INCONSISTENT LAWS — THIS CHAPTER CONTROLS. If any provision of this chapter is inconsistent with the provisions of any other law, general, specific or local, the provisions of this chapter control. History: [39-8115, added 2001, ch. 371, sec. 2, p. 1308.]
Section 39-8108 – FINANCING AUTHORITY MAY ISSUE NOTES AND BONDS — RELATED POWERS AND DUTIES.
39-8108. FINANCING AUTHORITY MAY ISSUE NOTES AND BONDS — RELATED POWERS AND DUTIES. (1) The financing authority may issue from time to time its notes and bonds in a principal amount as the financing authority determines to be necessary to provide sufficient funds for achieving any of its corporate purposes, including the payment of interest […]
Section 39-8109 – NOTES AND BONDS — STATE WILL NOT IMPAIR VESTED RIGHTS.
39-8109. NOTES AND BONDS — STATE WILL NOT IMPAIR VESTED RIGHTS. The state pledges to and agrees with the holders of any notes or bonds issued under this chapter that the state will not limit or alter the rights hereby vested in the financing authority to fulfill the terms of any agreements made with the […]
Section 39-8110 – LIMITATION OF LIABILITY — NOTES AND BONDS ARE NOT A DEBT OF THE STATE.
39-8110. LIMITATION OF LIABILITY — NOTES AND BONDS ARE NOT A DEBT OF THE STATE. The notes, bonds or other obligations of the financing authority are not an indebtedness or obligation of the state of Idaho, or of any department, board, commission, agency, political subdivision, body corporate and politic, or instrumentality of a municipality or […]
Section 39-8101 – SHORT TITLE.
39-8101. SHORT TITLE. This act may be known and cited as the "Basin Environmental Improvement Act." History: [39-8101, added 2001, ch. 371, sec. 2, p. 1297.]
Section 39-8102 – POLICY OF STATE.
39-8102. POLICY OF STATE. The Idaho legislature declares that environmental protection and improvement of the Coeur d’Alene basin to protect human health and enhance natural resources is very important to the state. Therefore, it is the policy of the state to provide in this chapter a system for environmental remediation, natural resource restoration and related […]