Idaho § 50-1772 - Commercially reasonable credit assurances
Full text of Idaho Idaho Statutes § 50-1772 — Commercially reasonable credit assurances, with citation guidance and answers to common questions.
§ 50-1772. Commercially reasonable credit assurances
If requested by the petitioners for a local improvement district, and in addition to or in lieu of a reserve or guarantee requirement, the council or other governing body of a governmental entity may impose such commercially reasonable credit assurances as it may deem necessary as a condition of approving a local improvement district. If commercially reasonable, such assurances may include guarantees, letters of credit or bonds in amounts up to the total amount of indebtedness.
[50-1772, added 1999, ch. 291, sec. 9, p. 730.]
Source: official Idaho text · Last verified 2026-08-27
Frequently Asked Questions About Idaho § 50-1772
What does Idaho Statutes § 50-1772 cover?
Section 50-1772 ("Commercially reasonable credit assurances") 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 § 50-1772?
A common citation format is "Idaho Statutes § 50-1772" (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 § 50-1772 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.