Section 42-2209 – RELEASE OF LIEN.
42-2209. RELEASE OF LIEN. It shall be the duty of the company, corporation or association of persons filing a lien statement as provided in section 42-2203, to cause a release of the same upon the records of the county where filed, in the same manner and with like penalties for failure as is or may […]
Section 42-2210 – INTERPRETATION.
42-2210. INTERPRETATION. This chapter shall not be held to affect the rights of any person, corporation, company or association of persons to charge or collect tolls, charges or assessments to which it may be otherwise entitled; nor the right of a corporation to make assessments upon its stock according to law; nor the obligation of […]
Section 42-2211 – SECURING SUPPLEMENTAL WATER — ANNUAL LEVIES — DELIVERY OF WATER UPON PAYMENT.
42-2211. SECURING SUPPLEMENTAL WATER — ANNUAL LEVIES — DELIVERY OF WATER UPON PAYMENT. Any corporation of the character described in this chapter, in order to secure additional water for the irrigation of the lands of its stockholders to supplement their natural flow rights, by the construction of dams or other works and the storing or […]
Section 42-2212 – CONDEMNATION FUNDS FOR FUTURE EXPENSES — PERMANENT TRUST FUND — INVESTMENT.
42-2212. CONDEMNATION FUNDS FOR FUTURE EXPENSES — PERMANENT TRUST FUND — INVESTMENT. When any corporation organized for the operation, control or management of an irrigation project or canal system, or for the purpose of furnishing water to its shareholders and not for profit or hire, shall receive through condemnation proceedings, or by contract made under […]
Section 42-2213 – ACCUMULATED SURPLUS FUNDS — INVESTMENT.
42-2213. ACCUMULATED SURPLUS FUNDS — INVESTMENT. When any corporation organized for the operation, control or management of an irrigation project or canal system, or for the purpose of furnishing water to its shareholders and not for profit or hire, shall have accumulated, out of assessment funds or otherwise, reasonable reserves for emergency, contingent or non-recurring […]
Section 42-2201 – MAINTENANCE CHARGES — RIGHT TO COLLECT — BASIS OF ASSESSMENT — LIEN.
42-2201. MAINTENANCE CHARGES — RIGHT TO COLLECT — BASIS OF ASSESSMENT — LIEN. Any corporation heretofore organized or any corporation that shall hereafter be organized for the operation, control or management of an irrigation project or canal system, or for the purpose of furnishing water to its shareholders, and not for profit or hire, the […]
Section 42-2201A – AUTHORIZATION FOR OTHER ASSESSMENT.
42-2201A. AUTHORIZATION FOR OTHER ASSESSMENT. The board of directors of a corporation which utilizes section 42-2201, Idaho Code, as the basis of their water stock assessments, after direction by a resolution of a majority of the stockholders at the annual meeting, may: (1) Make no assessment, or a lesser assessment against: (a) Shares of corporate […]
Section 42-2203 – FILING OF CLAIM OF LIEN.
42-2203. FILING OF CLAIM OF LIEN. On or after the first day of November and prior to the first day of January thereafter, the company, corporation or association, claiming the benefit of the lien herein provided, as against any parcel of land upon which the tolls, assessments and charges shall not have been paid, shall […]
Section 42-2205 – LIMITATION OF LIEN.
42-2205. LIMITATION OF LIEN. No lien provided for in this chapter binds any land for a longer period than three (3) years after the filing of the statement mentioned in section 42-2203, Idaho Code, unless proceedings be commenced in a proper court within that time to enforce such lien. History: [(42-2205) 1913, ch. 120, sec. […]
Section 42-2206 – FORECLOSURE PROCEEDINGS RELATE ONLY TO WATER OR WATER RIGHTS.
42-2206. FORECLOSURE PROCEEDINGS RELATE ONLY TO WATER OR WATER RIGHTS. In the event that the owner or holder or occupant of the premises upon which water has been purchased or contracted for, has not, at the time of the filing of the claim of lien provided for in section 42-2203, received title to the premises […]