257C.16 Authority of schools.
A school may issue and sell or pledge its notes to the authority or the authority’s designated agent or trustee. Schools may enter into contracts and agreements with the authority to effectuate the purposes of this chapter. In acting pursuant to this section, schools are exempt from all laws of the state which provide for competitive bids and hearings in connection with such sales, pledges, contracts and agreements.
85 Acts, ch 34, §16
CS85, §442A.16
C93, §257C.16
Structure Iowa Code
Title VII - EDUCATION AND CULTURAL AFFAIRS
Chapter 257C - ADVANCE FUNDING AUTHORITY
Section 257C.2 - Legislative findings.
Section 257C.4 - Iowa advance funding authority.
Section 257C.5 - Governing board.
Section 257C.6 - General powers.
Section 257C.8 - Advance funding program.
Section 257C.9 - Moneys of the authority.
Section 257C.10 - Powers not restricted — law complete in itself.
Section 257C.11 - Limitation of liability.
Section 257C.12 - Conflicts of interest.
Section 257C.13 - Exemption from competitive bid laws.
Section 257C.14 - Annual report.
Section 257C.15 - Assistance by state officers, agencies and departments.