298A.13 - TRUST OR AGENCY FUNDS. - Iowa Statutes

298A.13 TRUST OR AGENCY FUNDS. Trust or agency funds shall be established by any school corporation to account for gifts it receives to be used for a particular purpose or to account for money and property received and administered by the district as trustee or custodian or in the capacity of an agent. Boards may establish trust and agency funds as necessary.          Section History: Recent Form 94 Acts, ch 1029, §13