Iowa Code
Chapter 257B - SCHOOL FUNDS
Section 257B.1A - Permanent fund.

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.
[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]
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

Structure Iowa Code

Iowa Code

Title VII - EDUCATION AND CULTURAL AFFAIRS

Chapter 257B - SCHOOL FUNDS

Section 257B.1 - Definitions.

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.15 - Management.

Section 257B.16 - Actions.

Section 257B.17 - Liability of county.

Section 257B.18 - Exemption of county.

Section 257B.19 - Loans.

Section 257B.20 - Investment of permanent fund.

Section 257B.28 - Statute of limitation.

Section 257B.29 - Payments.

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.

Section 257B.42 - Report as to rents.

Section 257B.44 - Penalty against county auditor.