15E.67 - POWERS AND EFFECTIVENESS.
15E.67 POWERS AND EFFECTIVENESS.
This division shall not be construed as a restriction or
limitation upon any power which the board might otherwise have under
any other law of this state and the provisions of this division are
cumulative to such powers. This division shall be construed to
provide a complete, additional, and alternative method for performing
the duties authorized and shall be regarded as supplemental and
additional to the powers conferred by any other law. The level,
timing, or degree of success of the Iowa fund of funds or the
investment funds in which the Iowa fund of funds invests in, or the
extent to which the investment funds are invested in Iowa venture
capital projects, or are successful in accomplishing any economic
development objectives, shall not compromise, diminish, invalidate,
or affect the provisions of any contract entered into by the board or
the Iowa fund of funds. Section History: Recent Form
2002 Acts, ch 1005, §7; 2002 Acts, ch 1006, §13, 14; 2003 Acts, ch
44, §12