Iowa § 12C.25 - 12C.25 State sinking funds created.
Full text of Iowa Iowa Code § 12C.25 — 12C.25 State sinking funds created., with citation guidance and answers to common questions.
§ 12C.25. 12C.25 State sinking funds created.
1. There are created in the treasurer of state’s office the following funds: a. A state sinking fund for public deposits in banks. b. A state sinking fund for public deposits in credit unions. 2. Idle balances in the state sinking fund for public deposits in banks shall be invested by the treasurer of state with earnings credited to that fund. Fees paid by banks for administration of this chapter shall be credited to the state sinking fund for public deposits in banks and the treasurer of state may deduct actual costs of administration from that fund. 3. The funds shall be used to receive and disburse moneys pursuant to section 12C.23, subsection 3, paragraph “d” and section 12C.23A, subsection 3, paragraph “d”. 85 Acts, ch 194, §8 CS85, §453.25 86 Acts, ch 1237, §28 C93, §12C.25 99 Acts, ch 117, §13, 15; 2000 Acts, ch 1154, §2; 2002 Acts, ch 1096, §11, 17 Wed Dec 10 21:59:04 2025 Iowa Code 2026, Section 12C.25 (20, 1)
Frequently Asked Questions About Iowa § 12C.25
What does Iowa Code § 12C.25 cover?
Section 12C.25 ("12C.25 State sinking funds created.") 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.25?
A common citation format is "Iowa Code § 12C.25" (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.25 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.