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2009 Iowa Code
Title 8 - Transportation
Subtitle 1 - Highways and Waterways
CHAPTER 306 - ESTABLISHMENT, ALTERATION, AND VACATION OF HIGHWAYS
306.38 - RENTAL OF ACQUIRED PROPERTY PENDING USE.

        306.38  RENTAL OF ACQUIRED PROPERTY PENDING USE.
         In the event that land acquired for improvement of any highway is
      not immediately needed for such improvement, the agency in control of
      said highway may rent such land or buildings thereon to responsible
      persons for a cash rental consistent with the fair market value of
      similar property.  The said agency may employ a local real estate
      firm for management and collection of rentals or may do so directly
      through its own personnel.  The commission or service charge of such
      real estate company shall be paid out of such rentals.
         Section History: Early Form
         [C62, 66, § 306.32; C71, 73, 75, 77, 79, 81, § 306.38]

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