Iowa § 256.86 - 256.86 Competition with private sector.
Full text of Iowa Iowa Code § 256.86 — 256.86 Competition with private sector., with citation guidance and answers to common questions.
§ 256.86. 256.86 Competition with private sector.
1. 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 except as provided in this chapter. 2. a. The division may receive revenue for providing services, products, and usage of facilities and equipment if one or more of the following conditions are met: (1) The service, product, or usage is not reasonably available in the private sector. (2) The division can provide the service, product, or usage at a time, price, location, or terms that are not reasonably available through the private sector. (3) The service, product, or usage is deemed by the division to be related to public service or the educational mission of the division. b. The division may charge reasonable fees for providing services, products, and usage of facilities and equipment in accordance with paragraph “a”, including but not limited to a reasonable equipment and facilities usage fee. c. Fees charged in accordance with this subsection shall be deposited in the capital equipment replacement revolving fund created pursuant to section 256.87. 3. 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. 4. 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. 93 Acts, ch 48, §43; 2012 Acts, ch 1132, §8 Thu Dec 11 19:18:54 2025 Iowa Code 2026, Section 256.86 (20, 0)
Source: official Iowa text · Last verified 2026-08-27
Frequently Asked Questions About Iowa § 256.86
What does Iowa Code § 256.86 cover?
Section 256.86 ("256.86 Competition with private sector.") is part of the Iowa Code, the codified statutory law of Iowa. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Iowa § 256.86?
A common citation format is "Iowa Code § 256.86" (Iowa). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Iowa law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Iowa official source linked on this page or consult a licensed Iowa attorney.
How does Iowa § 256.86 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Iowa can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Iowa.