257B.12 - BONDS TO COVER LOSSES. - Iowa Statutes

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Statutes > Iowa > Title-7 > Subtitle-1 > Chapter-257b > 257b-12

        257B.12  BONDS TO COVER LOSSES.
         When any sum not less than one thousand dollars shall be so
      audited and so become a debt of the state to the fund, as provided by
      the Constitution of the State of Iowa, the auditor of state shall
      issue the bond or bonds of the state in favor of the fund, bearing
      interest at a rate not exceeding that permitted by chapter 74A,
      payable semiannually on the first day of January and July after
      issuance, and the amount to pay the interest as it becomes due is
      appropriated out of any funds in the state treasury.

Section History: Early Form

         [C73, § 1843; C97, § 2847; C24, 27, 31, 35, 39, § 4480; C46,
      50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, § 302.12]

Section History: Recent Form

         C93, § 257B.12
         2006 Acts, ch 1010, §79
         Iowa Constitution, Art. VII, § 3

State Codes and Statutes

Statutes > Iowa > Title-7 > Subtitle-1 > Chapter-257b > 257b-12

        257B.12  BONDS TO COVER LOSSES.
         When any sum not less than one thousand dollars shall be so
      audited and so become a debt of the state to the fund, as provided by
      the Constitution of the State of Iowa, the auditor of state shall
      issue the bond or bonds of the state in favor of the fund, bearing
      interest at a rate not exceeding that permitted by chapter 74A,
      payable semiannually on the first day of January and July after
      issuance, and the amount to pay the interest as it becomes due is
      appropriated out of any funds in the state treasury.

Section History: Early Form

         [C73, § 1843; C97, § 2847; C24, 27, 31, 35, 39, § 4480; C46,
      50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, § 302.12]

Section History: Recent Form

         C93, § 257B.12
         2006 Acts, ch 1010, §79
         Iowa Constitution, Art. VII, § 3

State Codes and Statutes

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State Codes and Statutes

Statutes > Iowa > Title-7 > Subtitle-1 > Chapter-257b > 257b-12

        257B.12  BONDS TO COVER LOSSES.
         When any sum not less than one thousand dollars shall be so
      audited and so become a debt of the state to the fund, as provided by
      the Constitution of the State of Iowa, the auditor of state shall
      issue the bond or bonds of the state in favor of the fund, bearing
      interest at a rate not exceeding that permitted by chapter 74A,
      payable semiannually on the first day of January and July after
      issuance, and the amount to pay the interest as it becomes due is
      appropriated out of any funds in the state treasury.

Section History: Early Form

         [C73, § 1843; C97, § 2847; C24, 27, 31, 35, 39, § 4480; C46,
      50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, § 302.12]

Section History: Recent Form

         C93, § 257B.12
         2006 Acts, ch 1010, §79
         Iowa Constitution, Art. VII, § 3