Idaho Code 50-2211 – Disposition of Surplus Funds
Current as of: 2023 | Check for updates
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Terms Used In Idaho Code 50-2211
- 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.
If, after payment of the debts of said corporation, any surplus shall remain in the hands of said county treasurer to the credit of the fund hereinbefore mentioned, the money so remaining shall be transferred to the school fund of the district or districts covered by said city.