390.20 Public bonds or obligations as suitable investments for governmental units, financial institutions, and fiduciaries.
The following persons may legally invest any debt service funds, money, or other funds belonging to such person or within such person’s control in any public bonds or obligations issued pursuant to this subchapter:
1. A bank, trust company, savings association, or investment company.
2. An insurance company, insurance association, or any other person carrying on an insurance business.
3. An executor, administrator, conservator, trustee, or other fiduciary.
4. Any other person authorized to invest in bonds or obligations of the state.
2001 Acts, 1st Ex, ch 4, §28, 36
CS2001, §476A.31
2010 Acts, ch 1018, §18
C2011, §390.20
2012 Acts, ch 1017, §77
Investment of public funds; §12B.10
Insurance companies; §511.8, 515.35
Banks; §524.901
Investments by fiduciaries; §636.23
Structure Iowa Code
Chapter 390 - JOINT ELECTRICAL UTILITIES
Section 390.2 - Additional power.
Section 390.3 - Hearing — exception to general statutes.
Section 390.4 - Undivided joint interest.
Section 390.7 - Construction of amendments.
Section 390.8 - Equity investment in independent transmission company.
Section 390.8A - Transmission facility ownership.
Section 390.10 - Electric power agency — general authority.
Section 390.11 - Electric power agency — authority — conflicting provisions.
Section 390.12 - Issuance of public bonds or obligations — purposes — limitations.
Section 390.13 - Public bonds or obligations authorized by resolution of board of directors — terms.
Section 390.14 - Public bonds or obligations payable solely from agency revenues or funds.
Section 390.15 - Public bonds or obligations — types — sources for payment — security.
Section 390.17 - Public bonds or obligations to be negotiable.
Section 390.18 - Validity of public bonds or obligations at delivery — temporary bonds.
Section 390.19 - Public or private sale of bonds and obligations.
Section 390.22 - Mortgage or trust deed to secure bonds.
Section 390.23 - No personal liability on public bonds or obligations.