43-612 LIABILITY OF TRACTS OF LAND LIMITED. - Idaho Statutes

TITLE 43

IRRIGATION DISTRICTS

CHAPTER 6

REFUNDING BONDS

43-612. Liability of tracts of land limited. When refunding bonds are issued under this act no tract or parcel of land against which benefits have been apportioned or assessed for the payment thereof shall be liable for the payment of more than the amount of the benefits so apportioned and assessed, together with interest thereon at the rate specified in such refunding bonds on the amount of the apportionment of benefits remaining unpaid, and in addition thereto to an assessment not exceeding fifty cents (50¢) per acre per annum for each irrigable acre for an emergency fund as hereinafter provided.