Statutes > Iowa Statutes > Title 7 - Education and Cultural Affairs > Subtitle 1 - Elementary and Secondary Education > CHAPTER 256 - DEPARTMENT OF EDUCATION > 256.86 - COMPETITION WITH PRIVATE SECTOR.

256.86 - COMPETITION WITH PRIVATE SECTOR.

        256.86  COMPETITION WITH PRIVATE SECTOR.
         It is the intent of the general assembly that the division shall
      not compete with the private sector by actively seeking revenue from
      its operations.  It is not the intent of the general assembly to
      prohibit the receipt of charitable contributions as defined by
      section 170 of the Internal Revenue Code.  The board, the governor,
      or the administrator may apply for and accept federal or nonfederal
      gifts, loans, or grants of funds and may use the funds for projects
      under this chapter.
         Section History: Recent Form
         93 Acts, ch 48, §43