Iowa Statutes

§ 279.53 — Loan proceeds

Iowa § 279.53
JurisdictionIowa
Title VIIEDUCATION, HISTORY, AND CULTURE
Ch. 279DIRECTORS — POWERS AND DUTIES

This text of Iowa § 279.53 (Loan proceeds) 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 § 279.53 (2026).

Text

Theproceedsofloansissuedtoschooldistrictspursuanttosection279.48or279.52shallbe deposited into either the general fund of a school district or the physical plant and equipment levy fund. The board of directors shall expend the amount of the principal and interest due each year to maturity from the same fund into which the loan proceeds were deposited.

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Bluebook (online)
Iowa § 279.53, Counsel Stack Legal Research, https://law.counselstack.com/statute/ia/279.53.