2011 Iowa Code
TITLE I STATE SOVEREIGNTY AND MANAGEMENT
SUBTITLE 4 EXECUTIVE BRANCH
CHAPTER 7C PRIVATE ACTIVITY BOND ALLOCATION ACT
7C.4 Maximum amount of bonds.


IA Code § 7C.4 What's This?

7C.4 Maximum amount of bonds.

The aggregate principal amount of bonds which are subject to section 146 of the Internal Revenue Code which may be issued by all political subdivisions during a calendar year shall not exceed the state ceiling for that calendar year, except as provided in section 7C.8.

85 Acts, ch 225, §6; 87 Acts, ch 171, §3

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