Iowa Code
Chapter 390 - JOINT ELECTRICAL UTILITIES
Section 390.25 - Pledge of revenue as security.

390.25 Pledge of revenue as security.
An electric power agency may pledge its rates, rents, and other revenues, or any part of such rates, rents, and revenues, as security for the repayment, with interest and redemption premiums, if any, of the moneys borrowed by the electric power agency or advanced to the electric power agency for any of its authorized purposes and as security for the payment of moneys due and owed by the electric power agency under any contract.
2001 Acts, 1st Ex, ch 4, §33, 36
CS2001, §476A.36
2010 Acts, ch 1018, §23
C2011, §390.25

Structure Iowa Code

Iowa Code

Title IX - LOCAL GOVERNMENT

Chapter 390 - JOINT ELECTRICAL UTILITIES

Section 390.1 - Definitions.

Section 390.2 - Additional power.

Section 390.3 - Hearing — exception to general statutes.

Section 390.4 - Undivided joint interest.

Section 390.5 - Financing.

Section 390.6 - Construction.

Section 390.7 - Construction of amendments.

Section 390.8 - Equity investment in independent transmission company.

Section 390.8A - Transmission facility ownership.

Section 390.9 - Definitions.

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 390.16 - Public bonds or obligations and rates for debt service not subject to state approval.

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 390.20 - Public bonds or obligations as suitable investments for governmental units, financial institutions, and fiduciaries.

Section 390.21 - Resolution, trust indenture, or security agreement constitutes contract — provisions.

Section 390.22 - Mortgage or trust deed to secure bonds.

Section 390.23 - No personal liability on public bonds or obligations.

Section 390.24 - Repurchase of securities.

Section 390.25 - Pledge of revenue as security.