262.50 - PROHIBITED USE OF FUNDS. - Iowa Statutes

262.50 PROHIBITED USE OF FUNDS. In discharging the obligations under section 262.49 the buildings, structures, areas, facilities and improvements at each of said institutions shall be considered as a unit and the rents, profits and other income available for such purposes at one institution shall not be used to discharge obligations created for similar purposes at another institution.          Section History: Early Form [C62, 66, 71, 73, 75, 77, 79, 81, § 262.50] Referred to in § 262.34B, 262A.2, 265.3