2009 Iowa Code
Title 8 - Transportation
Subtitle 1 - Highways and Waterways
CHAPTER 303 - DEPARTMENT OF CULTURAL AFFAIRS
303.9 - FUNDS RECEIVED BY DEPARTMENT.

        303.9  FUNDS RECEIVED BY DEPARTMENT.
         1.  All funds received by the department, including but not
      limited to gifts, endowments, funds from the sale of memberships in
      the state historical society, funds from the sale of mementos and
      other items relating to Iowa history as authorized under subsection
      2, interest generated by the life membership trust fund, and fees,
      shall be credited to the account of the department and are
      appropriated to the department to be invested or used for programs
      and purposes under the authority of the department.  Interest earned
      on funds credited to the department, except funds appropriated to the
      department from the general fund of the state, shall be credited to
      the department.  Section 8.33 does not apply to funds credited to the
      department under this section.
         2.  The department may sell mementos and other items relating to
      Iowa history and historic sites on the premises of property under
      control of the department and at the state capitol.  Notwithstanding
      sections 8A.321 and 8A.327, the department may directly and
      independently enter into rental and lease agreements with private
      vendors for the purpose of selling mementos.  All fees and income
      produced by the sales and rental or lease agreements shall be
      credited to the account of the department.  The mementos and other
      items sold by the department or vendors under this subsection are
      exempt from section 8A.311.
         3.  Notwithstanding section 633.63, the board may authorize
      nonprofit foundations acting solely for the support of the state
      historical society of Iowa to accept and administer trusts deemed by
      the board to be beneficial to the division's operations.  The board
      and the foundation may act as trustees in such instances.  

         Section History: Early Form

         [C75, 77, 79, 81, § 303.9; 81 Acts, ch 10, § 11; 82 Acts, ch 1238,
      § 8] 

         Section History: Recent Form

         86 Acts, ch 1244, § 36; 88 Acts, ch 1284, §8; 89 Acts, ch 78, §5;
      2003 Acts, ch 145, §237; 2003 Acts, 1st Ex, ch 2, §160, 205
         Referred to in § 216A.121