Iowa § 346.24 Limit on indebtedness for general purposes

Iowa Statutes

§ 346.24 — Limit on indebtedness for general purposes

Iowa § 346.24

Title IXLOCAL GOVERNMENT

Ch. 346JOINT COUNTY AND CITY BUILDINGS

This text of Iowa § 346.24 (Limit on indebtedness for general purposes) 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 § 346.24 (2026).

Text

No county or other political corporation shall become indebted for its general or ordinary
purposes to an amount exceeding in the aggregate one and one-fourth percent of the
actual value of the taxable property within the corporation. The value of property shall be
ascertained by the last tax list previous to the incurring of the indebtedness. Indebtedness
incurredbyacountysolelyforpoorreliefpurposesisnotforitsgeneralorordinarypurposes.

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No county or other political corporation shall become indebted for its general or ordinary
purposes to an amount exceeding in the aggregate one and one-fourth percent of the
actual value of the taxable property within the corporation. The value of property shall be
ascertained by the last tax list previous to the incurring of the indebtedness. Indebtedness
incurredbyacountysolelyforpoorreliefpurposesisnotforitsgeneralorordinarypurposes.