Idaho State Statutes - Idaho Attorney Directory

(1) "Board" means the board of trustees of a school
district, including a specially chartered district, existing now or later
under the laws of the state.
(2) "Bond" means any general obligation bond or refunding bond issued
after the effective date of this chapter.
(3) "Default avoidance program" means the school bond guaranty program
established by this chapter.
(4) "General obligation bond" means any bond, note, warrant, certificate
of indebtedness, or other obligation of a board payable in whole or in part
from revenues derived from property taxes and that constitutes an indebtedness
within the meaning of any applicable constitutional or statutory debt
limitation.
(5) "Paying agent" means the corporate paying agent selected by the board
for a bond issue who is:
(a) Duly qualified; and
(b) Acceptable to the state treasurer.
(6) "Public school guarantee fund" means the fund described in section
2, article VIII, of the constitution of the state of Idaho and section
33-5309, Idaho Code.
(7) "Refunding bond" means any general obligation bond issued by a board
for the purpose of refunding its outstanding general obligation bonds.
(8) "School district" means any school district, including a specially
chartered district, existing now or later under the laws of the state.

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