Iowa § 509A.5 Fund under control of governing body — interest earnings of certain funds

Iowa Statutes

§ 509A.5 — Fund under control of governing body — interest earnings of certain funds

Iowa § 509A.5

Title XIIICOMMERCE

Ch. 509AGROUP INSURANCE FOR PUBLIC EMPLOYEES

This text of Iowa § 509A.5 (Fund under control of governing body — interest earnings of certain funds) 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 § 509A.5 (2026).

Text

1.The fund for each plan shall be under the control and shall be expended under the directions of the governing body and shall be used solely for the purpose of administering and carrying out the provisions of the plan adopted by the governing body.

2.Any interest earnings from investments or time deposits of the funds under the control of the department of administrative services shall be deposited to the credit of these funds.

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1. The fund for each plan shall be under the control and shall be expended under the
directions of the governing body and shall be used solely for the purpose of administering
and carrying out the provisions of the plan adopted by the governing body.
2. Any interest earnings from investments or time deposits of the funds under the control
of the department of administrative services shall be deposited to the credit of these funds.