Idaho Code 50-2208 – Payment of Indebtedness
Current as of: 2023 | Check for updates
|
Other versions
Terms Used In Idaho Code 50-2208
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
Nothing contained in sections 50-2201 through 50-2213 shall relieve said city or the territory included in it, from any liability for any debt contracted by such city prior to its disincorporation. All warrants for said indebtedness shall be drawn, by the board of county commissioners of the county in which said corporation is situated, on the fund herein above provided in the county treasury.