Terms Used In Idaho Code 67-4407

  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
Upon such lease becoming effective, and for the term of such lease, the provisions of the Lava Hot Springs Foundation Act, Chapter 5, 1935 Session Laws, amendatory of Chapter 41, Title 65, Idaho Code Annotated, [sections 67-4401 — 67-4405, Idaho Code] shall be suspended and without operative force.