Iowa § 468.69 Bonds received for assessments

Iowa Statutes

§ 468.69 — Bonds received for assessments

Iowa § 468.69

Title XINATURAL RESOURCES

Ch. 468LEVEE AND DRAINAGE DISTRICTS AND IMPROVEMENTS

This text of Iowa § 468.69 (Bonds received for assessments) 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 § 468.69 (2026).

Text

Bonds issued for the cost of construction, maintenance, or repair of any drainage or levee
district improvements, or for the refunding of any obligation of such district may be acquired
by any taxpayer or group of taxpayers of such district and applied at their face value in
the order of their priority, if any priority exists between bonds of the same issue, upon the
paymentofthedelinquentorfutureassessmentsleviedagainstthepropertyofsuchtaxpayers
to pay off the bonds so acquired. The interest coupons attached to such bonds may likewise
be applied at their face value to the payment of assessments for interest accounts, delinquent
or future.

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Bonds issued for the cost of construction, maintenance, or repair of any drainage or levee
district improvements, or for the refunding of any obligation of such district may be acquired
by any taxpayer or group of taxpayers of such district and applied at their face value in
the order of their priority, if any priority exists between bonds of the same issue, upon the
paymentofthedelinquentorfutureassessmentsleviedagainstthepropertyofsuchtaxpayers
to pay off the bonds so acquired. The interest coupons attached to such bonds may likewise
be applied at their face value to the payment of assessments for interest accounts, delinquent
or future.