Iowa Code § 298.21

Current through bills signed by governor as of 5/17/2024

Section 298.21 - School bonds

The board of directors of any school corporation when authorized by the voters at an election held on a date specified in section 39.2, subsection 4, paragraph "d", may issue the negotiable, interest-bearing school bonds of the corporation for borrowing money for any or all of the following purposes:

1. To acquire sites for school purposes.

2. To erect, complete, or improve buildings authorized for school purposes.

3. To acquire equipment for schools, sites, and buildings.

Iowa Code § 298.21

Amended by 2023 Iowa, ch 71, s 122, eff. 7/1/2023, app. 7/1/2023, 2023, for elections on propositions relating to the issuing of bonds or other indebtedness occurring on or after that date.

S13, §2812-d; C24, 27, 31, 35, 39, §4406; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, § 298.21 2008 Acts, ch 1115, §52, 71

Vote required to authorize bonds, §75.1

2023 amendment to unnumbered paragraph 1 applies July 1, 2023, for elections on propositions relating to the issuing of bonds or other indebtedness occurring on or after that date; 2023 Acts, ch 71, §136

Unnumbered paragraph 1 amended