Idaho State Statutes - Idaho Attorney Directory

In addition to the
authority conferred upon the board of directors of an irrigation district by
section 57-127, Idaho Code, such board shall have the authority to invest the
surplus funds of such district, in the negotiable, general obligation bonds or
other evidences of indebtedness of the United States or of this state or in
local improvement district bonds or warrants authorized by chapter 17, title
50, or chapter 25, title 43, Idaho Code, in lieu of depositing the same in
designated depositories as provided by the public depository law and to
dispose of such bonds, warrants, or evidences of indebtedness as and when said
board may direct.

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