Iowa § 298.23 Redemption

Iowa Statutes

§ 298.23 — Redemption

Iowa § 298.23

Title VIIEDUCATION, HISTORY, AND CULTURE

Ch. 298SCHOOL TAXES AND BONDS

This text of Iowa § 298.23 (Redemption) 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 § 298.23 (2026).

Text

Whenever the amount in the hands of the treasurer, belonging to the funds set aside to pay
bonds, is sufficient to redeem one or more of the bonds which by their terms are subject to
redemption, the treasurer shall give the owner of said bonds thirty days’ written notice of the
readiness of the district to pay and the amount it desires to pay. If not presented for payment
or redemption within thirty days after the date of such notice, the interest on such bonds shall
cease and the amount due thereon shall be set aside for its payment whenever it is presented.

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Whenever the amount in the hands of the treasurer, belonging to the funds set aside to pay
bonds, is sufficient to redeem one or more of the bonds which by their terms are subject to
redemption, the treasurer shall give the owner of said bonds thirty days’ written notice of the
readiness of the district to pay and the amount it desires to pay. If not presented for payment
or redemption within thirty days after the date of such notice, the interest on such bonds shall
cease and the amount due thereon shall be set aside for its payment whenever it is presented.