Iowa § 12C.10 - 12C.10 Investment of funds created by election.
Full text of Iowa Iowa Code § 12C.10 — 12C.10 Investment of funds created by election., with citation guidance and answers to common questions.
§ 12C.10. 12C.10 Investment of funds created by election.
The governing council or board, who by law has control of any fund created by direct vote of the people, may invest any portion of the fund not currently needed, in investments authorized in section 12B.10. The treasurer of state may invest in any of the investments authorized for the Iowa public employees’ retirement system in section 97B.7A except that investment in common stocks shall not be permitted. Interest or earnings on such funds shall be credited as provided in section 12C.7, subsection 2. [C58, 62, 66, 71, 73, 75, 77, 79, 81, §453.10] 84 Acts, ch 1230, §15 C93, §12C.10 2001 Acts, ch 68, §4, 24; 2019 Acts, ch 24, §6 Wed Dec 10 21:58:56 2025 Iowa Code 2026, Section 12C.10 (21, 1)
Source: official Iowa text · Last verified 2026-08-27
Frequently Asked Questions About Iowa § 12C.10
What does Iowa Code § 12C.10 cover?
Section 12C.10 ("12C.10 Investment of funds created by election.") 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 § 12C.10?
A common citation format is "Iowa Code § 12C.10" (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 § 12C.10 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.