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161d-12
161D.12 SOUTHERN IOWA DEVELOPMENT AND CONSERVATION
FUND.
A southern Iowa development and conservation fund is created in
the state treasury, to be administered by the southern Iowa
development and conservation authority. The proceeds of the fund
shall be used for the purposes specified in section 161D.11. The
southern Iowa development and conservation authority may accept
gifts, bequests, other moneys including, but not limited to, state or
federal moneys, and in-kind contributions for deposit in the fund.
The gifts, grants, bequests from public and private sources, state
and federal moneys, and other moneys received by the authority shall
be deposited in the fund and any interest earned on moneys in the
fund shall be credited to the fund to be used for the purposes
specified in section 161D.11. Notwithstanding section 8.33, any
unexpended or unencumbered moneys remaining in the fund at the end of
the fiscal year shall not revert to the general fund of the state,
but the moneys shall remain available for expenditure by the
authority in succeeding fiscal years. Section History: Recent Form
99 Acts, ch 30, §2
Referred to in §161D.11
