Statutes > Iowa Statutes > Title 3 - Public Services and Regulation > Subtitle 2 - Employment Services > CHAPTER 91C - CONSTRUCTION CONTRACTORS > 91C.9 - REGISTRATION FUND.

91C.9 - REGISTRATION FUND.

        91C.9  REGISTRATION FUND.
         1.  A contractor registration revolving fund is created in the
      state treasury.  The revolving fund shall be administered by the
      commissioner and shall consist of moneys collected by the
      commissioner as fees.  The commissioner shall remit all fees
      collected pursuant to this chapter to the revolving fund.  The moneys
      in the revolving fund are appropriated to and shall be used by the
      commissioner to pay the actual costs and expenses necessary to
      perform the duties of the commissioner and the division of labor as
      described in this chapter.  All salaries and expenses properly
      chargeable to the revolving fund shall be paid from the revolving
      fund.
         2.  Section 8.33 does not apply to any moneys in the revolving
      fund.  Notwithstanding section 12C.7, subsection 2, earnings or
      interest on moneys deposited in the fund shall be credited to the
      revolving fund.
         Section History: Recent Form
         2009 Acts, ch 179, §205