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257c-4
257C.4 IOWA ADVANCE FUNDING AUTHORITY.
The Iowa advance funding authority is created. It is a public
instrumentality and agency of the state exercising public and
essential governmental functions, established for the purposes of
reducing the cash flow difficulties faced by Iowa schools, improving
the financial procedures of Iowa schools, and reducing the short-term
borrowing costs of Iowa schools. Section History: Recent Form
85 Acts, ch 34, §4
CS85, § 442A.4
C93, § 257C.4
