Idaho § 73-218 - Proceeds of sale, how handled
Full text of Idaho Idaho Statutes § 73-218 — Proceeds of sale, how handled, with citation guidance and answers to common questions.
§ 73-218. Proceeds of sale, how handled
The proceeds of the sale of the treasury notes shall be placed to the credit of the code fund in the state treasury, except such amount as may be required to be paid as accrued interest, which amount shall be credited to a special interest fund for payment of interest on the treasury notes. The expenses incurred by the state treasurer in the preparation and sale of the treasury notes shall be paid out of the code fund. The balance of such proceeds and all moneys now or hereafter in said code fund shall be used exclusively for the purposes authorized by this act, and shall be paid out of warrants drawn by the state controller supported by vouchers of the commission.
Whenever any treasury notes are hereafter issued and outstanding, pursuant to this act, the state treasurer shall set up and keep separate accounts for payment of the interest required to be paid on such treasury notes and to provide a sinking fund for the payment of such treasury notes.
[73-218, added 1949, ch. 167, sec. 18, p. 355; am. 1953, ch. 250, sec. 8, p. 398; am. 1994, ch. 180, sec. 239, p. 574.]
Source: official Idaho text · Last verified 2026-08-27
Frequently Asked Questions About Idaho § 73-218
What does Idaho Statutes § 73-218 cover?
Section 73-218 ("Proceeds of sale, how handled") 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 § 73-218?
A common citation format is "Idaho Statutes § 73-218" (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 § 73-218 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.