2009 Iowa Code
Title 13 - Commerce
Subtitle 1 - Insurance and Related Regulation
CHAPTER 509A - GROUP INSURANCE FOR PUBLIC EMPLOYEES
509A.5 - FUND UNDER CONTROL OF GOVERNING BODY -- INTEREST EARNINGS OF CERTAIN FUNDS.

        509A.5  FUND UNDER CONTROL OF GOVERNING BODY --
      INTEREST EARNINGS OF CERTAIN FUNDS.
         The fund for each plan shall be under the control and shall be
      expended under the directions of the governing body and shall be used
      solely for the purpose of administering and carrying out the
      provisions of the plan adopted by the governing body.
         Any interest earnings from investments or time deposits of the
      funds under the control of the state executive council shall be
      deposited to the credit of these funds.  
         Section History: Early Form
         [C50, 54, 58, 62, § 365A.5; C66, § 509.19; C71, 73, 75, 77, 79,
      81, § 509A.5] 
         Section History: Recent Form
         84 Acts, ch 1071, § 1; 85 Acts, ch 266, §2
         Referred to in § 8A.454

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