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    • Legislation USA
    • Iowa Code
    • Title IX - LOCAL GOVERNMENT
    • Chapter 419 - MUNICIPAL SUPPORT OF PROJECTS
    • Section 419.10 - Default.

    Iowa Code
    Chapter 419 - MUNICIPAL SUPPORT OF PROJECTS
    Section 419.10 - Default.

    419.10 Default.
    In case of a default in the payment of any revenue bonds, issued pursuant to the provisions of this chapter, the municipality which defaulted in such payment shall be precluded from entering into any activity of its own except to release the property for some industrial activity.
    [C66, 71, 73, 75, 77, 79, 81, §419.10]

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    Structure Iowa Code

    Iowa Code

    Title IX - LOCAL GOVERNMENT

    Chapter 419 - MUNICIPAL SUPPORT OF PROJECTS

    Section 419.1 - Definitions.

    Section 419.2 - Powers.

    Section 419.3 - Bonds as limited obligations.

    Section 419.4 - Pledge of revenues.

    Section 419.5 - Determination of rent.

    Section 419.6 - Refunding bonds.

    Section 419.7 - Application of proceeds limited.

    Section 419.8 - No payment by municipality.

    Section 419.9 - Public hearing.

    Section 419.10 - Default.

    Section 419.11 - Tax equivalent to be paid — assessment procedure — appeal.

    Section 419.12 - Purchase.

    Section 419.13 - Exception to budget law and certain bond provisions.

    Section 419.14 - Eminent domain not available.

    Section 419.15 - Limitation of actions.

    Section 419.16 - Intent of law.

    Section 419.17 - Revenue bonds issued.

    Section 419.18 - Grain and soybean storage facilities — bonds issued.

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