257B.9 Cash or collateral security.
When, in the judgment of the board of supervisors, school lands held under section 257B.1A are of such a character that a sale upon partial credit would be unsafe or incompatible with the interest of the permanent school fund, and especially in the case of timbered lands, the board of supervisors may require the entire purchase money in advance; or if the board sells the land upon a partial credit, it shall require good collateral security for the payment of the part upon which credit is given.
[R60, §1974; C73, §1853; C97, §2845; C24, 27, 31, 35, 39, §4477; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §302.9]
83 Acts, ch 185, §12, 62
C93, §257B.9
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.