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261a-5
261A.5 CREATION AS PUBLIC INSTRUMENTALITY.
The Iowa higher education loan authority is created as a body
politic and corporate. The authority is a public instrumentality and
the exercise by the authority of the powers conferred by this chapter
is the performance of an essential public function. The authority is
attached to the college student aid commission for administrative
purposes. Section History: Early Form
[82 Acts, ch 1031, § 5] Section History: Recent Form
86 Acts, ch 1245, § 1455; 90 Acts, ch 1253, § 122
Referred to in § 261A.24
