Iowa § 12C.7 - 12C.7 Interest — where credited.
Full text of Iowa Iowa Code § 12C.7 — 12C.7 Interest — where credited., with citation guidance and answers to common questions.
§ 12C.7. 12C.7 Interest — where credited.
1. A depository may pay interest to a public officer on deposits of public funds, and a public officer may take or receive interest on deposits of public funds. 2. Interest or earnings on investments and time deposits made in accordance with the provisions of sections 12.8, 12B.10, 12C.1, and 12C.6 shall be credited to the general fund of the governmental body making the investment or deposit, with the exception of specific funds for which investments are otherwise provided by law, constitutional funds, or when legally diverted to the state sinking fund for public deposits. Funds so excepted shall receive credit for interest or earnings derived from such investments or time deposits made from such funds. [C31, 35, §7420-d7; C39, §7420.07; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §453.7] 84 Acts, ch 1230, §12 C93, §12C.7 95 Acts, ch 25, §1; 2013 Acts, ch 5, §1 Referred to in §2.12B, 8.55, 8.56, 8.57, 8.57A, 8.57B, 8.57D, 8.57E, 8.57G, 8.57H, 8.57I, 8.90, 8.92, 8A.123, 8A.321, 8A.328, 8A.330, 8A.431, 8A.432, 8A.434, 8A.435, 8A.436, 8A.437, 8A.438, 8A.454, 8D.14, 9.13, 10A.507, 10A.519, 12.51, 12.72, 12.79, 12.82, 12.88, 12.88A, 12.89, 12.91, 12A.6, 12C.10, 12I.4, 15.106A, 15.111, 15.261, 15.262, 15.281, 15.412, 15.421, 15.436, 15.517, 15E.311, 15E.363, 15F.107, 15F.204, 15F.205, 15F.404, 15G.104, 15H.5, 16.5, 16.45, 16.46, 16.47, 16.48, 16.49, 16.50, 16.57B, 16.134, 16.134A, 16.141, 16.153, 16.181, 29C.17A, 29D.4, 35A.5, 35A.11, 35A.13, 35A.14, 35A.16, 47.11, 80.42, 80.43, 80.44, 80.46, 80.47, 80.48, 80B.19, 84A.20, 84A.21, 84E.3, 99B.58, 99D.9B, 99D.27A, 99D.27B, 100B.4, 100B.13, 100B.52, 135.175, 135.181, 135.190A, 159.21, 159A.16, 161A.80A, 161G.2, 162.2C, 163.3B, 165.18, 169A.13A, 170.3C, 187.201, 190A.5, 207.10, 216B.3, 217.25, 218.94, 225A.7, 225D.2, 237A.4A, 249A.13, 249A.33, 249L.4, 249M.4, 252B.13A, 256.34, 256.87, 256.189, 256.191, 256.192, 256.198, 256.202, 256.205, 256.212, 256.218, 256.222, 256.226, 256.228, 256.229, 256.230, 256.231, 256I.11, 257.51, 260H.2, 260I.2, 261B.8, 307.20, 312.1, 312A.2, 321G.7, 321I.8, 331.604, 357B.3, 359.43, 418.10, 418.16, 452A.79A, 453A.35A, 453E.6, 455A.18, 455A.19, 455B.112A, 455B.133B, 455B.133C, 455B.196, 455B.265A, 455C.12D, 455D.11C, 455D.15, 455E.11, 456A.17, 456A.21, 459.401, 460.303, 461.31, 466.9, 466B.45, 466B.46, 476.46A, 483A.3B, 502.601, 514I.11, 523C.24, 535D.14, 541A.7, 553.19, 602.8108, 692.2A, 714.16C, 714.23, 717F.9, 904.117, 904.118, 904.118A, 904.303A, 904.311A, 904.317, 904.321, 904.703 Wed Dec 10 21:58:55 2025 Iowa Code 2026, Section 12C.7 (22, 1)
Frequently Asked Questions About Iowa § 12C.7
What does Iowa Code § 12C.7 cover?
Section 12C.7 ("12C.7 Interest — where credited.") 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.7?
A common citation format is "Iowa Code § 12C.7" (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.7 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.