Current through bills signed by governor as of 5/17/2024
Section 262.38 - Borrowing money and mortgaging propertyIn carrying out the powers enumerated in this subchapter, the board may:
2. Mortgage any real estate so acquired and the improvements erected thereon in order to secure necessary loans.3. Pledge the rents, profits, and income received from any such property for the discharge of mortgages so executed.Amended by 2020 Iowa, ch 1063, s 111, eff. 7/1/2020.C27, 31, 35, §3945-a4; C39, § 3945.4; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, § 262.38Referred to in §262.34B, 262A.2