Iowa Statutes
§ 257B.12 — Bonds to cover losses
Iowa § 257B.12
This text of Iowa § 257B.12 (Bonds to cover losses) 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 § 257B.12 (2026).
Text
When any sum not less than one thousand dollars shall be so audited and so become a
debt of the state to the fund, as provided by the Constitution of the State of Iowa, the auditor
of state shall issue the bond or bonds of the state in favor of the fund, bearing interest at
a rate not exceeding that permitted by chapter 74A, payable semiannually on the first day
5 SCHOOL FUNDS, §257B.18
of January and July after issuance, and the amount to pay the interest as it becomes due is
appropriated out of any funds in the state treasury.
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Legislative History
[C73, §1843; C97, §2847; C24, 27, 31, 35, 39, §4480; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77,
79, 81, §302.12]
Nearby Sections
15
§ 257B.1
Definitions§ 257B.10
Uniform interest date§ 257B.12
Bonds to cover losses§ 257B.15
Management§ 257B.16
Actions§ 257B.17
Liability of county§ 257B.18
Exemption of county§ 257B.19
Loans§ 257B.1A
Permanent fund§ 257B.2
Lands and escheats§ 257B.20
Investment of permanent fund§ 257B.28
Statute of limitation§ 257B.29
PaymentsCite This Page — Counsel Stack
Bluebook (online)
Iowa § 257B.12, Counsel Stack Legal Research, https://law.counselstack.com/statute/ia/257B.12.