257B.1A - PERMANENT FUND. - Iowa Statutes

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

        257B.1A  PERMANENT FUND.
         The permanent school fund, the interest of which only can be
      appropriated for school purposes, shall consist of:
         1.  Five percent of the net proceeds of the public lands of the
      state.
         2.  The proceeds of the sale of the five hundred thousand acres of
      land granted the state under the eighth section of an Act of Congress
      passed September 4, 1841, entitled:  "An Act to appropriate the
      proceeds of all sales of public lands, and to grant pre-emption
      rights".
         3.  The proceeds of all intestate estates escheated to the state.

         4.  The proceeds of the sales of the sixteenth section in each
      township, or lands selected in lieu thereof.
         5.  All other moneys by law credited to the permanent school fund.

Section History: Early Form

         [R60, § 1962, 1964; C73, § 1837, 1839; C97, § 2838; C24, 27, 31,
      35, 39, § 4469; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81,
      § 302.1]

Section History: Recent Form

         86 Acts, ch 1246, § 139, 140; 87 Acts, ch 115, §46; 88 Acts, ch
      1278, §24
         C93, § 257B.1
         95 Acts, ch 218, § 16
         C2001, §257B.1A
         Referred to in § 257B.6, 257B.9

State Codes and Statutes

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

        257B.1A  PERMANENT FUND.
         The permanent school fund, the interest of which only can be
      appropriated for school purposes, shall consist of:
         1.  Five percent of the net proceeds of the public lands of the
      state.
         2.  The proceeds of the sale of the five hundred thousand acres of
      land granted the state under the eighth section of an Act of Congress
      passed September 4, 1841, entitled:  "An Act to appropriate the
      proceeds of all sales of public lands, and to grant pre-emption
      rights".
         3.  The proceeds of all intestate estates escheated to the state.

         4.  The proceeds of the sales of the sixteenth section in each
      township, or lands selected in lieu thereof.
         5.  All other moneys by law credited to the permanent school fund.

Section History: Early Form

         [R60, § 1962, 1964; C73, § 1837, 1839; C97, § 2838; C24, 27, 31,
      35, 39, § 4469; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81,
      § 302.1]

Section History: Recent Form

         86 Acts, ch 1246, § 139, 140; 87 Acts, ch 115, §46; 88 Acts, ch
      1278, §24
         C93, § 257B.1
         95 Acts, ch 218, § 16
         C2001, §257B.1A
         Referred to in § 257B.6, 257B.9

State Codes and Statutes

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State Codes and Statutes

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

        257B.1A  PERMANENT FUND.
         The permanent school fund, the interest of which only can be
      appropriated for school purposes, shall consist of:
         1.  Five percent of the net proceeds of the public lands of the
      state.
         2.  The proceeds of the sale of the five hundred thousand acres of
      land granted the state under the eighth section of an Act of Congress
      passed September 4, 1841, entitled:  "An Act to appropriate the
      proceeds of all sales of public lands, and to grant pre-emption
      rights".
         3.  The proceeds of all intestate estates escheated to the state.

         4.  The proceeds of the sales of the sixteenth section in each
      township, or lands selected in lieu thereof.
         5.  All other moneys by law credited to the permanent school fund.

Section History: Early Form

         [R60, § 1962, 1964; C73, § 1837, 1839; C97, § 2838; C24, 27, 31,
      35, 39, § 4469; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81,
      § 302.1]

Section History: Recent Form

         86 Acts, ch 1246, § 139, 140; 87 Acts, ch 115, §46; 88 Acts, ch
      1278, §24
         C93, § 257B.1
         95 Acts, ch 218, § 16
         C2001, §257B.1A
         Referred to in § 257B.6, 257B.9