38-1026 LEVY FOR INTEREST. - Idaho Statutes

TITLE 38

FORESTRY, FOREST PRODUCTS AND STUMPAGE DISTRICTS

CHAPTER 10

STUMPAGE DISTRICTS

38-1026. Levy for interest. It shall be the duty of such stumpage commissioners annually to levy an assessment against the land sufficient for the payment of the coupons hereinbefore mentioned as they fall due. Said coupons shall be considered for all purposes as warrants drawn upon the funds of the district issuing bonds under the provisions of this title, and when presented to the county treasurer after they are due the said treasurer must pay same out of the fund taking up said bonds and cancel the same, after which the same must be delivered over to the stumpage commissioners.