A compliance with the provisions of section 33-1117[, Idaho Code,] shall be deemed sufficient notice to the owner or owners of such bonds that the school district has exercised its option to pay and redeem the bonds described, and interest thereon shall cease at the redeemable or callable date named in the notice.
Idaho Code § 33-1118
Compliance with statute is notice of exercise of option
1963, ch. 13, § 114, p. 27.
Current official text: Idaho Statutes (Idaho Legislature). Digitized from the UniCourt Code Improvement Commission public-domain capture. Reproduced from public-domain Idaho statutes; confirm against the official source for the current text. Not legal advice.