74.7 Endorsement of interest.
When an obligation which legally draws interest is paid, the treasurer shall endorse upon it the date of payment, and the amount of interest paid. The treasurer shall enter into the records maintained under section 74.3 or 331.554, subsection 5, paragraph “b” as applicable, the date of payment and the amount of interest paid.
[C51, §153; R60, §361; C73, §328; C97, §484, 660; C24, 27, 31, §5161, 5646, 5648, 7496; C35, §1171-f7; C39, §1171.17; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §74.7; 82 Acts, ch 1048, §4]
Referred to in §331.554
Structure Iowa Code
Title II - ELECTIONS AND OFFICIAL DUTIES
Chapter 74 - PUBLIC OBLIGATIONS NOT PAID FOR WANT OF FUNDS
Section 74.2 - Endorsement and interest.
Section 74.3 - Record of obligations.
Section 74.4 - Assignment of obligation.
Section 74.5 - Call for payment.
Section 74.6 - Notice of call — termination of interest.
Section 74.7 - Endorsement of interest.