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.
[C73, §1843; C97, §2847; C24, 27, 31, 35, 39, §4480; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §302.12]
C93, §257B.12
2006 Acts, ch 1010, §79
Iowa Constitution, Art. VII, §3
Structure Iowa Code
Title VII - EDUCATION AND CULTURAL AFFAIRS
Section 257B.1A - Permanent fund.
Section 257B.1B - Interest for Iowa schools fund — transfer of interest.
Section 257B.2 - Lands and escheats.
Section 257B.4 - Division and appraisement.
Section 257B.5 - Notice — sale.
Section 257B.6 - Sale without appraisement.
Section 257B.7 - Sale on credit — taxation — waste.
Section 257B.8 - Sale of lands bid in.
Section 257B.9 - Cash or collateral security.
Section 257B.10 - Uniform interest date.
Section 257B.11 - School fund accounts — audit of losses.
Section 257B.12 - Bonds to cover losses.
Section 257B.17 - Liability of county.
Section 257B.18 - Exemption of county.
Section 257B.20 - Investment of permanent fund.
Section 257B.28 - Statute of limitation.
Section 257B.30 - Release of mortgage.
Section 257B.31 - School fund account — settlement.
Section 257B.32 - Notice of default.
Section 257B.33 - Suit — attorney fee.
Section 257B.34 - Bid at execution sale.
Section 257B.35 - Sheriff’s deed to state.
Section 257B.36 - Resale by state.
Section 257B.37 - Proceeds on resale.
Section 257B.38 - Excess — loss borne by county.
Section 257B.39 - Report as to sales — interest.
Section 257B.40 - Interest charged to counties.
Section 257B.41 - Uncollected interest.