260C.64 Who may invest.
All banks, trust companies, building and loan associations, savings associations, investment companies, and other persons carrying on an investment business, all insurance companies, insurance associations, and other persons carrying on an insurance business, and all executors, administrators, guardians, trustees, and other fiduciaries may legally invest any sinking funds, moneys or other funds belonging to them or within their control in any bonds or notes issued pursuant to this subchapter. However, this section shall not be construed as relieving any persons from any duty of exercising reasonable care in selecting securities for purchase or investment.
90 Acts, ch 1253, §66
C91, §280A.64
C93, §260C.64
2012 Acts, ch 1017, §64; 2014 Acts, ch 1026, §143
Structure Iowa Code
Title VII - EDUCATION AND CULTURAL AFFAIRS
Chapter 260C - COMMUNITY COLLEGES
Section 260C.1 - Statement of policy.
Section 260C.3 - State board for community colleges.
Section 260C.4 - Duties of state board.
Section 260C.5 - Duties of director.
Section 260C.6 - Community colleges division in department.
Section 260C.11 - Governing board.
Section 260C.12 - Directors of merged area.
Section 260C.13 - Director districts.
Section 260C.14 - Authority of directors.
Section 260C.15 - Conduct of elections.
Section 260C.16 - Status of merged area.
Section 260C.17 - Preparation and approval of budget — tax.
Section 260C.18 - Other funds received.
Section 260C.18A - Workforce training and economic development funds.
Section 260C.18B - Community college budget review.
Section 260C.18C - State aid distribution formula.
Section 260C.18D - Instructor salary distribution formula.
Section 260C.19 - Acquisition of sites and buildings.
Section 260C.19A - Motor vehicles required to operate on alternative fuels.
Section 260C.19B - Purchase of biobased hydraulic fluids, greases, and other industrial lubricants.
Section 260C.19C - Purchase of designated biobased products.
Section 260C.20 - Payment of bonds.
Section 260C.21 - Election to incur indebtedness.
Section 260C.22 - Facilities levy by vote — borrowing — temporary cash reserve levy.
Section 260C.24 - Payment of appropriations.
Section 260C.28 - Tax for equipment replacement and program sharing.
Section 260C.29 - Academic incentives for minorities program — mission.
Section 260C.31 - Auxiliary enterprises.
Section 260C.33 - Joint action with board of regents.
Section 260C.34 - Uses of funds.
Section 260C.35 - Limitation on land.
Section 260C.36 - Quality faculty plan.
Section 260C.37 - Membership in association of school boards.
Section 260C.38 - Lease agreements for space.
Section 260C.39 - Combining merged areas — election.
Section 260C.40 - Prohibition of controlled substances.
Section 260C.42 - Payment of expenses.
Section 260C.44 - Apprenticeship programs.
Section 260C.45 - Quality instructional centers.
Section 260C.46 - Program and administrative sharing.
Section 260C.47 - Accreditation of community college programs.
Section 260C.48 - Standards for accrediting community college programs.
Section 260C.50 - Adult education and literacy programs.
Section 260C.56 - Definitions.
Section 260C.57 - Authorization — contracts — title.
Section 260C.58 - Bonds or notes.
Section 260C.59 - Rates and terms of bonds or notes.
Section 260C.60 - Issuance resolution.
Section 260C.61 - Rates, fees, and rentals — pledge.
Section 260C.63 - No obligation against state.
Section 260C.64 - Who may invest.
Section 260C.65 - Federal or other aid accepted.
Section 260C.66 - Reports to general assembly.
Section 260C.67 - Alternative method.
Section 260C.68 - Prior action legalized.
Section 260C.69 - Dormitory space priority.
Section 260C.70 - Ten-year program and two-year bonding estimate submitted each year.
Section 260C.71 - Community college bond program — definitions — funding — bonds and notes.
Section 260C.72 - Security — reserve funds — pledges — nonliability.