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Current as of January 01, 2024 | Updated by Findlaw Staff
The state may make grants of money or property and may lease property to the 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 of the authority. Notwithstanding any other provision of law to the contrary, the state may lease, with or without consideration, real or personal property to the authority for a term not to exceed fifty (50) years. This section shall not be construed to limit any other power the state may have to make such grants or to lease property to the authority, or to enter into other transactions with the authority.
Cite this article: FindLaw.com - Idaho Statutes Title 67. State Government and State Affairs § 67-6421. State grants and leases to authority - last updated January 01, 2024 | https://codes.findlaw.com/id/title-67-state-government-and-state-affairs/id-st-sect-67-6421/
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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