Iowa § 15.511 - 15.511 Financial assistance for certain eligible businesses.
Full text of Iowa Iowa Code § 15.511 — 15.511 Financial assistance for certain eligible businesses., with citation guidance and answers to common questions.
§ 15.511. 15.511 Financial assistance for certain eligible businesses.
1. The authority may provide financial assistance to an eligible business pursuant to section 15.111, subsection 2, paragraph “a”, subparagraph (8), if the authority and the board find such assistance necessary to facilitate the project’s successful completion, that the project has an extensive economic impact, or that financial assistance will incentivize an eligible business to choose an Iowa location, rather than an out-of-state location, for the project. 2. Each eligible business receiving assistance under this section shall enter into an agreement with the authority and the agreement shall meet the requirements of section 15.506. The agreement shall specify the circumstances under which the financial assistance must be repaid to the authority. 3. If the authority and the board determine financial assistance should be awarded, the authority and the board shall determine the appropriate amount and type of assistance for facilitating the eligible business’s project. 4. For purposes of this section, “financial assistance” means assistance provided exclusively from the funds, rights, and assets legally available to the authority pursuant to this chapter and includes but is not limited to assistance in the form of grants, loans, forgivable loans, and royalty payments. 2025 Acts, ch 136, §18, 20 NEW section Wed Dec 10 22:04:47 2025 Iowa Code 2026, Section 15.511 (2, 2)
Source: official Iowa text · Last verified 2026-08-27
Frequently Asked Questions About Iowa § 15.511
What does Iowa Code § 15.511 cover?
Section 15.511 ("15.511 Financial assistance for certain eligible businesses.") 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 § 15.511?
A common citation format is "Iowa Code § 15.511" (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 § 15.511 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.