Idaho § 33-2113 - Capital funds
Full text of Idaho Idaho Statutes § 33-2113 — Capital funds, with citation guidance and answers to common questions.
§ 33-2113. Capital funds
(1) The board of trustees of each junior college district may issue general obligation bonds in the manner and form, and for the same purposes, as prescribed for public school districts, the maximum amount of general obligation bonds outstanding, computed in the manner so prescribed shall not at any time exceed one per cent (1%) of the market value for assessment purposes of the taxable property in the district. The board may also create a plant facilities reserve fund in the manner, and for the same purposes, as prescribed for school districts.
(2) Tax levies for the purposes of this section shall be certified to the board of county commissioners at the same time as are certified the tax levies provided in section 33-2111 , Idaho Code.
(3) The board of trustees of each junior or community college district may issue bonds in the same manner and form, and for the same purposes as state institutions of higher education pursuant to chapter 38, title 33 , Idaho Code.
[33-2113, added 1963, ch. 363, sec. 13, p. 1037; am. 1980, ch. 350, sec. 15, p. 902; am. 1987, ch. 264, sec. 1, p. 556.]
Frequently Asked Questions About Idaho § 33-2113
What does Idaho Statutes § 33-2113 cover?
Section 33-2113 ("Capital funds") 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 § 33-2113?
A common citation format is "Idaho Statutes § 33-2113" (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 § 33-2113 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.