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State Statutes - Idaho - Title 67 - Chapter 44 - 67-4409
Idaho Statutes
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67-4409 - LAVA HOT SPRINGS CAPITAL IMPROVEMENT ACCOUNT
There is hereby
created and established in the agency asset fund in the state treasury an
account to be known as the Lava Hot Springs capital improvement account to
which shall be credited or deposited such moneys and interest accruing over
and above the operation and maintenance cost from a [the] Lava Hot Springs
Foundation account, as the members of the Foundation may from time to time
determine. The purposes for which moneys in the account may be used shall be
to acquire, purchase, improve, repair, furnish, and equip Lava Hot Springs
facilities and sites. All claims against the account shall be examined,
audited and allowed in the same manner now or hereafter provided by law for
claims against the state. This account shall be invested by the state
treasurer in investments permitted by section 67-1210, Idaho Code, and the
interest shall be returned to the account.
 
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