Idaho § 33-1120 - Disposition of money remaining after redemption
Full text of Idaho Idaho Statutes § 33-1120 — Disposition of money remaining after redemption, with citation guidance and answers to common questions.
§ 33-1120. Disposition of money remaining after redemption
Any money remaining in the bond interest and redemption fund of any school district after all of any issue of school bonds and all interest thereon have been paid, redeemed and canceled shall be held to apply against the redemption of any other bonds issued by the district or, such money may be credited to the school plant facilities reserve fund; if the district has not established such fund, such money may be transferred to the credit of the general fund of the district. Any transfer or credit authorized by this section shall be upon resolution of the board of trustees.
[33-1120, added 1963, ch. 13, sec. 116, p. 27; am. 1996, ch. 341, sec. 1, p. 1147.]
Source: official Idaho text · Last verified 2026-08-27
Frequently Asked Questions About Idaho § 33-1120
What does Idaho Statutes § 33-1120 cover?
Section 33-1120 ("Disposition of money remaining after redemption") is part of the Idaho Statutes, the codified statutory law of Idaho. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Idaho § 33-1120?
A common citation format is "Idaho Statutes § 33-1120" (Idaho). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Idaho law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Idaho official source linked on this page or consult a licensed Idaho attorney.
How does Idaho § 33-1120 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Idaho can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Idaho.