Iowa § 296.2 Petition for election

Iowa Statutes

§ 296.2 — Petition for election

Iowa § 296.2

Title VIIEDUCATION, HISTORY, AND CULTURE

Ch. 296INDEBTEDNESS OF SCHOOL CORPORATIONS

This text of Iowa § 296.2 (Petition for election) 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 § 296.2 (2026).

Text

Before indebtedness can be contracted in excess of one and one-quarter percent of the
assessed value of the taxable property, a petition signed by eligible electors equal in number
to twenty-five percent of those voting at the last election of school officials shall be filed with
the president of the board of directors, asking that an election be called, stating the amount
of bonds proposed to be issued and the purpose or purposes for which the indebtedness is to
be created, and that the purpose or purposes cannot be accomplished within the limit of one
and one-quarter percent of the valuation. The petition may request the calling of an election
on one or more propositions and a proposition may include one or more purposes.

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Before indebtedness can be contracted in excess of one and one-quarter percent of the
assessed value of the taxable property, a petition signed by eligible electors equal in number
to twenty-five percent of those voting at the last election of school officials shall be filed with
the president of the board of directors, asking that an election be called, stating the amount
of bonds proposed to be issued and the purpose or purposes for which the indebtedness is to
be created, and that the purpose or purposes cannot be accomplished within the limit of one
and one-quarter percent of the valuation. The petition may request the calling of an election
on one or more propositions and a proposition may include one or more purposes.