Iowa § 261A.20 Obligations as legal investments

Iowa Statutes

§ 261A.20 — Obligations as legal investments

Iowa § 261A.20

Title VIIEDUCATION, HISTORY, AND CULTURE

Ch. 261AHIGHER EDUCATION LOAN AUTHORITY (PRIVATE INSTITUTIONS)

This text of Iowa § 261A.20 (Obligations as legal investments) 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 § 261A.20 (2026).

Text

Banks, bankers, trust companies, federally chartered savings associations, investment
companies, and other persons carrying on a banking or investment business, insurance
companies and insurance associations, and executors, administrators, guardians, trustees,
and other fiduciaries may legally invest sinking funds, moneys, or other funds belonging to
them or within their control in obligations of the authority.
[82 Acts, ch 1031, §20]

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Banks, bankers, trust companies, federally chartered savings associations, investment
companies, and other persons carrying on a banking or investment business, insurance
companies and insurance associations, and executors, administrators, guardians, trustees,
and other fiduciaries may legally invest sinking funds, moneys, or other funds belonging to
them or within their control in obligations of the authority.
[82 Acts, ch 1031, §20]