Iowa Code
Chapter 257B - SCHOOL FUNDS
Section 257B.6 - Sale without appraisement.

257B.6 Sale without appraisement.
When the county board of supervisors has once offered for sale school lands held under section 257B.1A in compliance with the requirements of this chapter, and they remain unsold, and it is unable to obtain the appraised value of the lands and, in the opinion of the board, it is for the best interests of the permanent school fund that the lands be sold for a less price, it may instruct the auditor to transmit to the secretary of state a certified copy of its proceedings in relation to the order of sale of the land and subsequent proceedings in relation to the sale, including the action of the township trustees, and the price per acre at which the land had been appraised. The secretary of state shall submit the transcript of the proceedings to the executive council; and if it approves of a sale at a less sum, it shall certify the approval to the auditor of the county from which the transcript came. The certificate shall be recorded in the minute book of the board of supervisors, and the land may again be offered and sold to the highest bidder without again being appraised, after notice given as in case of sales in the first instance.
[C73, §1849; C97, §2842; C24, 27, 31, 35, 39, §4474; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §302.6]
83 Acts, ch 185, §10, 62
C93, §257B.6

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.