Idaho § 40-816 - Indebtedness in excess of express provisions prohibited - Exceptions
Full text of Idaho Idaho Statutes § 40-816 — Indebtedness in excess of express provisions prohibited - Exceptions, with citation guidance and answers to common questions.
§ 40-816. Indebtedness in excess of express provisions prohibited - Exceptions
A highway district board, or other officers of the highway district, shall have no power to incur any debt or liability whatever, either by issuing bonds or otherwise, in excess of the express provisions of this title. Any debt or liability incurred in excess of the express provisions shall be and remain absolutely void. For the purpose of organization or for any of the purposes of this title, a highway district board may, before making the tax levy in any year, incur an indebtedness not exceeding in the aggregate a sum equal to one-tenth per cent (.1%) of the market value for assessment purposes of all the property in the highway district subject to taxation. After making the levy, they may incur an indebtedness within the limit, on the entire indebtedness, of the amount of the levy. At no time shall the total indebtedness exceed that amount and may cause warrants of the highway district to be issued, bearing interest to be fixed by the highway district. The power granted in this section is in addition to and independent of the power granted to issue bonds.
[40-816, added 1985, ch. 253, sec. 2, p. 633.]
Source: official Idaho text · Last verified 2026-08-27
Frequently Asked Questions About Idaho § 40-816
What does Idaho Statutes § 40-816 cover?
Section 40-816 ("Indebtedness in excess of express provisions prohibited - Exceptions") 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 § 40-816?
A common citation format is "Idaho Statutes § 40-816" (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 § 40-816 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.