303.9 - FUNDS RECEIVED BY DEPARTMENT.

        303.9  FUNDS RECEIVED BY DEPARTMENT.         1.  All funds received by the department, including but not      limited to gifts, endowments, funds from the sale of memberships in      the state historical society, funds from the sale of mementos and      other items relating to Iowa history as authorized under subsection      2, interest generated by the life membership trust fund, and fees,      shall be credited to the account of the department and are      appropriated to the department to be invested or used for programs      and purposes under the authority of the department.  Interest earned      on funds credited to the department, except funds appropriated to the      department from the general fund of the state, shall be credited to      the department.  Section 8.33 does not apply to funds credited to the      department under this section.         2.  The department may sell mementos and other items relating to      Iowa history and historic sites on the premises of property under      control of the department and at the state capitol.  Notwithstanding      sections 8A.321 and 8A.327, the department may directly and      independently enter into rental and lease agreements with private      vendors for the purpose of selling mementos.  All fees and income      produced by the sales and rental or lease agreements shall be      credited to the account of the department.  The mementos and other      items sold by the department or vendors under this subsection are      exempt from section 8A.311.         3.  Notwithstanding section 633.63, the board may authorize      nonprofit foundations acting solely for the support of the state      historical society of Iowa to accept and administer trusts deemed by      the board to be beneficial to the division's operations.  The board      and the foundation may act as trustees in such instances.  
         Section History: Early Form
         [C75, 77, 79, 81, § 303.9; 81 Acts, ch 10, § 11; 82 Acts, ch 1238,      § 8] 
         Section History: Recent Form
         86 Acts, ch 1244, § 36; 88 Acts, ch 1284, §8; 89 Acts, ch 78, §5;      2003 Acts, ch 145, §237; 2003 Acts, 1st Ex, ch 2, §160, 205         Referred to in § 216A.121