8A.516 - REQUIRED PAYEE. - Iowa Statutes

8A.516 REQUIRED PAYEE. All warrants shall be drawn to the order of the person entitled to payment or compensation, except that when goods or materials are purchased in foreign countries, warrants may be drawn upon the treasurer of state, payable to the bearer for the net amount of invoice and current exchange, and the treasurer of state shall furnish a foreign draft payable to the order of the person from whom purchase is made.          Section History: Recent Form 2003 Acts, ch 145, §98