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IOWA STATUTES AND CODES

313A.18 - DEPOSITARIES OR PAYING AGENTS.

313A.18 DEPOSITARIES OR PAYING AGENTS. The department may provide in the proceedings authorizing the issuance of bonds or may otherwise agree with the purchasers of bonds regarding the deposit of all moneys constituting the construction fund and the toll revenue fund and provide for the deposit of such money at such times and with such depositaries or paying agents and upon the furnishing of such security as may meet with the approval of the purchasers of such bonds.          Section History: Early Form [C71, 73, 75, 77, 79, 81, § 313A.18]

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