Idaho § 43-2103 - Rehabilitating or refinancing plans

Full text of Idaho Idaho Statutes § 43-2103 — Rehabilitating or refinancing plans, with citation guidance and answers to common questions.

§ 43-2103. Rehabilitating or refinancing plans

The board of directors shall thereupon formulate a plan for rehabilitating the financial condition of the district and for refinancing or retiring the indebtedness of the district, which plan may include:

(a) The scaling down of any one or more of the various kinds or classes of indebtedness outstanding, whether evidenced by bonds, warrants or otherwise.

(b) Extending the time for the payment thereof.

(c) Reducing the interest thereon.

(d) Whether the same shall be paid in cash or by refunding bonds, or otherwise, and the manner of effecting the exchange or retirement of the outstanding obligations or any of them for the consideration to be paid under such plan.

(e) The time within which the plan must be approved by a majority in amount of the creditors of the district directly affected by such plan.

[43-2103, added 1933, ch. 174, sec. 3, p. 316.]

Source: official Idaho text · Last verified 2026-08-27

Frequently Asked Questions About Idaho § 43-2103

What does Idaho Statutes § 43-2103 cover?

Section 43-2103 ("Rehabilitating or refinancing plans") 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 § 43-2103?

A common citation format is "Idaho Statutes § 43-2103" (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 § 43-2103 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.