Statutes > Iowa Statutes > Title 1 - State Sovereignty and Management > Subtitle 5 - Economic Development > CHAPTER 15G - ECONOMIC GROWTH AND EXPANSION ACTIVITIES > 15G.113 - OPPORTUNITIES AND THREATS.

15G.113 - OPPORTUNITIES AND THREATS.

        15G.113  OPPORTUNITIES AND THREATS.
         1.  The department, with the approval of the board, may award
      financial assistance from the fund to a business, an individual, a
      development corporation, a nonprofit organization, an organization
      established in section 28H.1, or a political subdivision of this
      state if, in the opinion of the department, a project presents a
      unique opportunity for economic development in this state, or if the
      project addresses a situation constituting a threat to the continued
      economic prosperity of this state.
         2.  The board shall adopt rules governing the eligibility of
      projects for financial assistance pursuant to this section.
         Section History: Recent Form
         2009 Acts, ch 123, §4
         Referred to in § 15G.111