Iowa § 262.48 Borrowing money and pledge of revenue

Iowa Statutes

§ 262.48 — Borrowing money and pledge of revenue

Iowa § 262.48

Title VIIEDUCATION, HISTORY, AND CULTURE

Ch. 262BOARD OF REGENTS

This text of Iowa § 262.48 (Borrowing money and pledge of revenue) 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 § 262.48 (2026).

Text

In carrying out the powers enumerated in this subchapter, the board may:

1.Borrow money on the credit of the income and revenues to be derived from the operation or use of the building, structure, facility, area or improvement and from fees or charges made by said board to students for whom such facilities are made available and to issue notes, bonds, or other evidence of indebtedness in anticipation of the collection of such income, revenues, fees and charges.

2.Mortgageanyrealestateacquiredunderthissubchapterandtheimprovementserected on that real estate in order to secure necessary loans.

3.Pledge the rents, profits and income received from any such property for the discharge of the indebtedness.

4.Pledge the proceeds of all fees and charges to students attending the institution for

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In carrying out the powers enumerated in this subchapter, the board may:
1. Borrow money on the credit of the income and revenues to be derived from the
operation or use of the building, structure, facility, area or improvement and from fees or
charges made by said board to students for whom such facilities are made available and to
issue notes, bonds, or other evidence of indebtedness in anticipation of the collection of such
income, revenues, fees and charges.
2. Mortgageanyrealestateacquiredunderthissubchapterandtheimprovementserected
on that real estate in order to secure necessary loans.
3. Pledge the rents, profits and income received from any such property for the discharge
of the indebtedness.
4. Pledge the proceeds of all fees and charges to students attending the institution for the
use or availability of such buildings, structures, areas or facilities for the discharge of the
indebtedness.