Idaho § 39-8109 - Notes and bonds - State will not impair vested rights
Full text of Idaho Idaho Statutes § 39-8109 — Notes and bonds - State will not impair vested rights, with citation guidance and answers to common questions.
§ 39-8109. Notes and bonds - State will not impair vested rights
The state pledges to and agrees with the holders of any notes or bonds issued under this chapter that the state will not limit or alter the rights hereby vested in the financing authority to fulfill the terms of any agreements made with the holders thereof or in any way impair the rights and remedies of the holders until the notes and bonds, together with the interest thereon, with interest on any unpaid installments of interest, and all costs and expenses in connection with any action or proceeding by or on behalf of the holders, are fully met and discharged. The financing authority may include this pledge and agreement of the state in any agreement with the holders of the notes or bonds.
[39-8109, added 2001, ch. 371, sec. 2, p. 1306.]
Source: official Idaho text · Last verified 2026-08-27
Frequently Asked Questions About Idaho § 39-8109
What does Idaho Statutes § 39-8109 cover?
Section 39-8109 ("Notes and bonds - State will not impair vested rights") 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 § 39-8109?
A common citation format is "Idaho Statutes § 39-8109" (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 § 39-8109 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.