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Current as of January 01, 2024 | Updated by Findlaw Staff
No distribution of any surplus from the liquor fund shall be made as provided in the following section, unless there shall be moneys in said fund after setting aside and reserving the following:
(a) Funds sufficient to pay all current obligations of the division.
(b) A cash reserve of fifty thousand dollars ($50,000) over and above all other assets.
Cite this article: FindLaw.com - Idaho Statutes Title 23. Alcoholic Beverages § 23-403. Reserve - last updated January 01, 2024 | https://codes.findlaw.com/id/title-23-alcoholic-beverages/id-st-sect-23-403/
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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