257B.38 Excess — loss borne by county.
An excess over the amount of the unpaid portion of the principal, costs of foreclosure, and interest on the principal, shall inure to the county and be credited to the general county fund. If the lands are sold for a less amount than the unpaid portion of the principal, the loss shall be sustained by the county, and the board of supervisors shall at once order the amount of the loss transferred from the general fund of the county to the permanent school fund account.
[C73, §1881; C97, §2855; S13, §2855; C24, 27, 31, 35, 39, §4505; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §302.38]
83 Acts, ch 185, §25, 62
C93, §257B.38
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.