Idaho Statutes Title 31. Counties and County Law § 31-4109. Name of district--Filed with county clerk--Fees
Current as of January 01, 2023 | Updated by FindLaw Staff
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When the board of county commissioners passes the resolution creating the district they shall name the district “Translator District” and file a copy of the order creating the district, if only one (1) county is included therein, with the county clerk and recorder for which the county clerk and recorder shall receive a fee of three dollars ($3.00) and if portions of more than one (1) county are included in the district a copy of the order shall be filed in each county and with the secretary of state for which he shall receive a fee of five dollars ($5.00).
(a) Public sale.--Whenever bonds are issued, they shall be offered for sale at not less than 98% of the principal amount and accrued interest and shall be sold by the Governor, Auditor General and State Treasurer to the highest and best bidder or bidders after due public advertisement, on such terms and conditions and upon such open competitive bidding as the Governor, Auditor General and State Treasurer shall direct. The manner and character of the advertisement and the times of advertising shall be prescribed by the Governor, Auditor General and State Treasurer.
(b) Private sale.--Any portion of any bond issue so offered and not sold or subscribed for may be disposed of by private sale by the Governor, Auditor General and State Treasurer in such manner and at such prices, not less than 98% of the principal amount and accrued interest, as the Governor shall direct. No commission shall be allowed or paid for the sale of any bonds issued under the authority of this subchapter.
(c) Series.--When bonds are issued from time to time, the bonds of each issue shall constitute a separate series to be designated by the issuing officials or may be combined for sale as one series with general obligation bonds of the Commonwealth.
Cite this article: FindLaw.com - Idaho Statutes Title 31. Counties and County Law § 31-4109. Name of district--Filed with county clerk--Fees - last updated January 01, 2023 | https://codes.findlaw.com/id/title-31-counties-and-county-law/id-st-sect-31-4109/
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