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IOWA STATUTES AND CODES

7C.4 - MAXIMUM AMOUNT OF BONDS.

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.          Section History: Recent Form 85 Acts, ch 225, § 6; 87 Acts, ch 171, § 3 Referred to in § 7C.12

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