Idaho § 43-2101 - Bankrupt districts - Financial statement - Contents
Full text of Idaho Idaho Statutes § 43-2101 — Bankrupt districts - Financial statement - Contents, with citation guidance and answers to common questions.
§ 43-2101. Bankrupt districts - Financial statement - Contents
Whenever any irrigation district, drainage district or highway district, organized under the laws of the state of Idaho, shall have made default in the payment of either principal or interest on any of its outstanding bonds, and if the board of directors of such district believes that it is impossible for the district to pay its outstanding bonds, warrants and other indebtedness either in full or within the time or in the manner in which such indebtedness becomes due or payable, it shall be the duty of the board to cause to be prepared by a certified public accountant a statement of the financial condition of the district, showing, among other things:
(a) The amount of bonds, warrants and other indebtedness outstanding.
(b) The amount of such indebtedness that is in default.
(c) The total of the receipts and disbursements of the district for each of the three (3) preceding years.
(d) The amount for each of such years of the uncollected or delinquent taxes (not including interest or penalty) levied by the district.
(e) Such other information and data as the board may deem necessary or desirable to show the financial condition of the district and the amount which the district may be able to pay annually under the economic and other conditions then prevailing.
[43-2101, added 1933, ch. 174, sec. 1, p. 316.]
Source: official Idaho text · Last verified 2026-08-27
Frequently Asked Questions About Idaho § 43-2101
What does Idaho Statutes § 43-2101 cover?
Section 43-2101 ("Bankrupt districts - Financial statement - Contents") 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 § 43-2101?
A common citation format is "Idaho Statutes § 43-2101" (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 § 43-2101 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.