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2021 Iowa Code
Title VII - EDUCATION AND CULTURAL AFFAIRS
Chapter 261A - HIGHER EDUCATION LOAN AUTHORITY (PRIVATE INSTITUTIONS)
Section 261A.5 - Creation as public instrumentality.
Universal Citation: IA Code § 261A.5 (2021)
261A.5 Creation as public instrumentality.
The Iowa higher education loan authority is created as a body politic and corporate. The authority is a public instrumentality and the exercise by the authority of the powers conferred by this chapter is the performance of an essential public function. The authority is attached to the college student aid commission for administrative purposes.
[82 Acts, ch 1031, §5]
86 Acts, ch 1245, §1455; 90 Acts, ch 1253, §122
Referred to in §261A.24
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