Iowa § 173.22 Iowa state fair foundation — foundation fund

Iowa Statutes

§ 173.22 — Iowa state fair foundation — foundation fund

Iowa § 173.22

Title VAGRICULTURE

Ch. 173STATE FAIR

This text of Iowa § 173.22 (Iowa state fair foundation — foundation fund) is published on Counsel Stack Legal Research, covering Iowa primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Iowa Code § 173.22 (2026).

Text

1.An Iowa state fair foundation is established under the authority of the Iowa state fair board.

2.A foundation fund is created within the state treasury composed of moneys appropriated or available to and obtained or accepted by the foundation. The foundation fund shall also include moneys transferred to the fund.

3.The foundation may solicit or accept gifts, including donations and bequests. A gift, to the greatest extent possible, shall be used according to the expressed desires of the person providing the gift.

4.Moneys in the foundation fund shall be used to support foundation activities, including foundation administration, or capital projects or major maintenance improvements at the Iowa state fairgrounds or to property under the control of the board.

5.

a.Foundation moneys cre

Free access — add to your briefcase to read the full text and ask questions with AI

1. An Iowa state fair foundation is established under the authority of the Iowa state fair
board.
2. A foundation fund is created within the state treasury composed of moneys
appropriated or available to and obtained or accepted by the foundation. The foundation
fund shall also include moneys transferred to the fund.
3. The foundation may solicit or accept gifts, including donations and bequests. A gift, to
the greatest extent possible, shall be used according to the expressed desires of the person
providing the gift.
4. Moneys in the foundation fund shall be used to support foundation activities, including
foundation administration, or capital projects or major maintenance improvements at the
Iowa state fairgrounds or to property under the control of the board.
5. a. Foundation moneys credited to the foundation fund may be expended on a matching
basis with public moneys or Iowa state fair authority receipts. All interest earned on moneys
in the foundation fund shall be credited to and remain in the fund. Section 8.33 does not
apply to moneys in the fund.
b. The auditor of state shall conduct regular audits of the foundation fund and shall make
a certified report relating to the condition of the foundation fund to the treasurer of the state,
and to the treasurer and secretary of the state fair board.