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State Statutes - Idaho - Title 31 - Chapter 5 - 31-501
Idaho Statutes
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31-501 - BONDS AUTHORIZED IN NEW COUNTIES TO PUT FINANCES ON CASH BASIS

The board of county commissioners of any new county which may have been
formed, organized or created pursuant to the acts of the legislature of the
state of Idaho, approved subsequent to the first day of January, 1911, or
which may be hereafter formed, organized or created, may in the exercise of
its judgment and discretion when deemed advisable and in the interests and for
the benefit of the county, and to enable such county to be placed as near as
may be on a cash basis, issue and negotiate coupon bonds at such time and in
such manner and upon such terms as are deemed for the best interests of the
county, in order to provide funds with which to pay and entirely discharge any
part, either on all of the warrant, bonded, floating or other indebtedness or
obligations which may have been either assumed or are owing by such new county
to the county or counties out of which such new county was formed or the
indebtedness incurred by such new county in the transcribing and certifying of
records and the preparing of indexes, in the purchase and providing of books,
records, furniture, fixtures, office supplies, safes, vaults and a jail, in
the employment of accountants and appraisers and for other ordinary and
necessary equipment and expense incident to the organization of such new
county, or an amount of the then outstanding warrant indebtedness of such new
county equal to the amount previously expended by such new county for the
purpose or purposes herein above-mentioned, and such bonds shall constitute a
legal charge and obligation of the county.
 
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