37.28 Anticipatory warrants.
If the funds raised under this chapter are insufficient for any fiscal year to pay the principal and interest due in that year on bonds issued for hospital purposes under section 37.6 and to pay the expenses of the operation and maintenance of the hospital and any other hospital expenses authorized by this chapter for the fiscal year, the commission may issue anticipatory warrants drawn on the funds to be raised. The warrants shall be in denominations of one hundred, five hundred and one thousand dollars and shall draw interest at a rate not exceeding that permitted by chapter 74A. These warrants are not a general obligation of any political subdivision which owns the hospital.
[C79, 81, S81, §37.28; 81 Acts, ch 117, §1007; 82 Acts, ch 1104, §2]
83 Acts, ch 123, §44, 209
Structure Iowa Code
Title I - STATE SOVEREIGNTY AND MANAGEMENT
Chapter 37 - MEMORIAL HALLS AND MONUMENTS
Section 37.1 - Memorial buildings and monuments.
Section 37.8 - Levy for maintenance.
Section 37.9 - Commissioners appointed — vacancies — request for appropriation.
Section 37.10 - Qualification — appointment.
Section 37.15 - Ex officio voting member.
Section 37.16 - Disbursement of funds — purchasing regulations — reports.
Section 37.17 - Gifts and bequests.
Section 37.20 - Funds, monuments, and memorials previously initiated.
Section 37.21 - Joint memorials.
Section 37.22 - Unexpended funds.
Section 37.23 - Contract to repay.
Section 37.24 - Investment of funds.
Section 37.25 - Accumulations.
Section 37.26 - General powers.
Section 37.27 - Nursing homes with memorial hospitals.
Section 37.28 - Anticipatory warrants.