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Idaho · Through 2026 Legislative Session

Idaho Code § 43-2104: Approval of rehabilitation plan by creditors.

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Where this section sits in the code
  1. TITLE 43 IRRIGATION DISTRICTS
  2. CHAPTER 21 DEBT READJUSTMENT PLANS FOR IRRIGATION DISTRICTS, DRAINAGE DISTRICTS, AND HIGHWAY DISTRICTS

The plan so approved by the board of directors shall thereupon be submitted to the known creditors of the district directly affected thereby, in such manner as to the board may seem appropriate and practical under the circumstances. The approval of such plan by creditors shall be in writing filed with the secretary of the board, and such approval shall be irrevocable if approved by a majority in amount of each class of creditors directly affected thereby, within the time specified in such plan.

Collected 2026-09-04T11:21:49Z. Source file · JSON

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