74.7 - ENDORSEMENT OF INTEREST. - Iowa Statutes

74.7 ENDORSEMENT OF INTEREST. When an obligation which legally draws interest is paid, the treasurer shall endorse upon it the date of payment, and the amount of interest paid. The treasurer shall enter into the records maintained under section 74.3 or 331.554, subsection 5, paragraph "b" as applicable, the date of payment and the amount of interest paid.          Section History: Early Form [C51, § 153; R60, § 361; C73, § 328; C97, § 484, 660; C24, 27, 31, § 5161, 5646, 5648, 7496; C35, § 1171-f7; C39, § 1171.17; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, § 74.7; 82 Acts, ch 1048, § 4] Referred to in § 331.554