Idaho Code § 23-403

Current through the 2024 Regular Session

Section 23-403 - RESERVE

No distribution of any surplus from the liquor fund shall be made as provided in the following section, unless there shall be moneys in said fund after setting aside and reserving the following:

(a) Funds sufficient to pay all current obligations of the division.

(b) A cash reserve of fifty thousand dollars ($50,000) over and above all other assets.

Idaho Code § 23-403

[23-403, added 1939, ch. 222, sec. 703, p. 465; am. 2009, ch. 23, sec. 30, p. 61.]