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Current as of January 01, 2024 | Updated by Findlaw Staff
No general obligation bonds shall be issued until the question whether the bonds shall be issued is submitted to the qualified electors of the participating counties of the region and approved by a two-thirds ( 2/3 ) majority of those voting upon the question. As used in this section, “qualified elector” means a person entitled to vote in a school bond election. The question may be submitted at any general election or at a special election called for such purpose by the board of the authority. Notice of the submission of such proposition at any such election shall be published as provided in section 34-1406, Idaho Code. In all respects, procedures for such elections shall be in the same manner as provided in chapter 14, title 34, Idaho Code. The ballot to be voted at said election shall read substantially as follows:
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Shall the ․․․․ Airport Authority |
YES |
|
be authorized to issue general obligation |
|
|
bonds in the amount of (fill in the amount) |
NO |
|
for the purpose of (state purpose)? |
If two thirds ( 2/3 ) of the electors of the region voting upon such proposition vote in favor thereof, such bonds may be issued.
Cite this article: FindLaw.com - Idaho Statutes Title 21. Aeronautics § 21-809. Bond issue--Submission to electors for approval - last updated January 01, 2024 | https://codes.findlaw.com/id/title-21-aeronautics/id-st-sect-21-809/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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