262B.23 - ENDOWED CHAIRS AND SALARIES. - Iowa Statutes

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Statutes > Iowa > Title-7 > Subtitle-4 > Chapter-262b > 262b-23

        262B.23  ENDOWED CHAIRS AND SALARIES.
         The state board of regents may use for salaries and may create
      endowed chair positions at each of the regents universities using, in
      part, moneys appropriated to the state board of regents for purposes
      of implementing recommendations provided in separate consultant
      reports on bioscience, advanced manufacturing, and information
      technology submitted to the department of economic development in the
      calendar years 2004 and 2005.  Such moneys may only be used to
      partially fund an endowed chair position if significant private
      contributions and contributions from governmental entities other than
      the state and political subdivisions of the state are used to fund
      the position.  Not more than fifty percent of the cost of funding an
      endowed chair position shall be paid with such moneys.  The endowed
      chair positions shall be used to attract scholars recruited
      nationally and internationally who can bring with them related
      start-up business ventures or a concept for near-term
      commercialization.

Section History: Recent Form

         2006 Acts, ch 1179, §50
         Referred to in § 262B.21

State Codes and Statutes

Statutes > Iowa > Title-7 > Subtitle-4 > Chapter-262b > 262b-23

        262B.23  ENDOWED CHAIRS AND SALARIES.
         The state board of regents may use for salaries and may create
      endowed chair positions at each of the regents universities using, in
      part, moneys appropriated to the state board of regents for purposes
      of implementing recommendations provided in separate consultant
      reports on bioscience, advanced manufacturing, and information
      technology submitted to the department of economic development in the
      calendar years 2004 and 2005.  Such moneys may only be used to
      partially fund an endowed chair position if significant private
      contributions and contributions from governmental entities other than
      the state and political subdivisions of the state are used to fund
      the position.  Not more than fifty percent of the cost of funding an
      endowed chair position shall be paid with such moneys.  The endowed
      chair positions shall be used to attract scholars recruited
      nationally and internationally who can bring with them related
      start-up business ventures or a concept for near-term
      commercialization.

Section History: Recent Form

         2006 Acts, ch 1179, §50
         Referred to in § 262B.21

State Codes and Statutes

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State Codes and Statutes

Statutes > Iowa > Title-7 > Subtitle-4 > Chapter-262b > 262b-23

        262B.23  ENDOWED CHAIRS AND SALARIES.
         The state board of regents may use for salaries and may create
      endowed chair positions at each of the regents universities using, in
      part, moneys appropriated to the state board of regents for purposes
      of implementing recommendations provided in separate consultant
      reports on bioscience, advanced manufacturing, and information
      technology submitted to the department of economic development in the
      calendar years 2004 and 2005.  Such moneys may only be used to
      partially fund an endowed chair position if significant private
      contributions and contributions from governmental entities other than
      the state and political subdivisions of the state are used to fund
      the position.  Not more than fifty percent of the cost of funding an
      endowed chair position shall be paid with such moneys.  The endowed
      chair positions shall be used to attract scholars recruited
      nationally and internationally who can bring with them related
      start-up business ventures or a concept for near-term
      commercialization.

Section History: Recent Form

         2006 Acts, ch 1179, §50
         Referred to in § 262B.21