182.18 - USE OF MONEYS.
182.18 USE OF MONEYS.
Moneys collected under this chapter are subject to audit by the
auditor of state and shall be used by the Iowa sheep and wool
promotion board first for the payment of collection and refund
expenses, second for payment of the costs and expenses arising in
connection with conducting referendums, and third for the purposes
identified in section 182.11. Moneys of the board remaining after a
referendum is held at which a majority of the voters favor
termination of the board and the assessment shall continue to be
expended in accordance with this chapter until exhausted.
The board shall not engage in any political activity, and it shall
be a condition of any allocation of funds that any organization
receiving funds shall not expend the funds on political activity or
on any attempt to influence legislation. Section History: Recent Form
85 Acts, ch 207, §18