Statutes > Iowa Statutes > Title 7 - Education and Cultural Affairs > Subtitle 4 - Regents Institutions > CHAPTER 262 - BOARD OF REGENTS > 262.50 - PROHIBITED USE OF FUNDS.

262.50 - PROHIBITED USE OF FUNDS.

        262.50  PROHIBITED USE OF FUNDS.
         In discharging the obligations under section 262.49 the buildings,
      structures, areas, facilities and improvements at each of said
      institutions shall be considered as a unit and the rents, profits and
      other income available for such purposes at one institution shall not
      be used to discharge obligations created for similar purposes at
      another institution.
         Section History: Early Form
         [C62, 66, 71, 73, 75, 77, 79, 81, § 262.50]
         Referred to in § 262.34B, 262A.2, 265.3