Iowa § 390.20 Public bonds or obligations as suitable investments for governmental units, financial institutions, and fiduciaries

Iowa Statutes

§ 390.20 — Public bonds or obligations as suitable investments for governmental units, financial institutions, and fiduciaries

Iowa § 390.20

Title IXLOCAL GOVERNMENT

Ch. 390JOINT ELECTRICAL UTILITIES

This text of Iowa § 390.20 (Public bonds or obligations as suitable investments for governmental units, financial institutions, and fiduciaries) 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 § 390.20 (2026).

Text

financial institutions, and fiduciaries. The following persons may legally invest any debt service funds, money, or other funds belonging to such person or within such person’s control in any public bonds or obligations issued pursuant to this subchapter:

1.A bank, trust company, savings association, or investment company.

2.An insurance company, insurance association, or any other person carrying on an insurance business.

3.An executor, administrator, conservator, trustee, or other fiduciary.

4.Any other person authorized to invest in bonds or obligations of the state.

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financial institutions, and fiduciaries.
The following persons may legally invest any debt service funds, money, or other funds
belonging to such person or within such person’s control in any public bonds or obligations
issued pursuant to this subchapter:
1. A bank, trust company, savings association, or investment company.
2. An insurance company, insurance association, or any other person carrying on an
insurance business.
3. An executor, administrator, conservator, trustee, or other fiduciary.
4. Any other person authorized to invest in bonds or obligations of the state.