218.49 - CONTINGENT FUND. - Iowa Statutes

218.49 CONTINGENT FUND. The administrator in control of an institution may permit the superintendent or the business manager of each institution to retain a stated amount of funds under the superintendent's or business manager's supervision as a contingent fund for the payment of freight, postage, commodities purchased on authority of the particular superintendent or business manager involved on a cash basis, salaries, and bills granting discount for cash.          Section History: Early Form [SS15, § 2727-a44; C24, 27, 31, 35, 39, § 3332; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, § 218.49]          Section History: Recent Form 2000 Acts, ch 1112, §19