256.86 - COMPETITION WITH PRIVATE SECTOR.
256.86 COMPETITION WITH PRIVATE SECTOR.Section History: Recent Form
It is the intent of the general assembly that the division shall
not compete with the private sector by actively seeking revenue from
its operations. It is not the intent of the general assembly to
prohibit the receipt of charitable contributions as defined by
section 170 of the Internal Revenue Code. The board, the governor,
or the administrator may apply for and accept federal or nonfederal
gifts, loans, or grants of funds and may use the funds for projects
under this chapter.
93 Acts, ch 48, §43
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