Iowa Code § 262.40 (2026)

In discharging obligations under section 262.39 the dormitories at each of said institutions shall be considered as a unit and the rents, profits, and income available for dormitory\n\nTue Dec 09 22:18:37 2025 Iowa Code 2026, Chapter 262 (98, 1) §262.40, BOARD OF REGENTS 24\n\npurposes at one institution shall not be used to discharge obligations created for dormitories at another institution. [C27, 31, 35, §3945-a6; C39, §3945.6; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §262.40] Referred to in §262.34B, 262A.2\n\n 262.41 Exemption from taxation. All obligations created under this subchapter shall be exempt from taxation. [C27, 31, 35, §3945-a7; C39, §3945.7; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §262.41] 2020 Acts, ch 1063, §113 Referred to in §262.34B, 262A.2, 422.7(2)(n)