Iowa § 16.4B - 16.4B Guiding principles — agricultural development.
Full text of Iowa Iowa Code § 16.4B — 16.4B Guiding principles — agricultural development., with citation guidance and answers to common questions.
§ 16.4B. 16.4B Guiding principles — agricultural development.
In the performance of its duties, implementation of its powers, and the selection of specific programs and projects to receive its assistance under subchapter VIII, the authority shall be guided by the following precatory principles: 1. The authority shall not become an owner of real or depreciable property, except on a temporary basis where necessary in order to implement its programs, to protect its investments by means of foreclosure or other means, or to facilitate transfer of real or depreciable property for the use of beginning farmers. 2. The authority shall exercise diligence and care in selection of projects to receive its assistance and shall apply customary and acceptable business and lending standards in selection and subsequent implementation of the projects. The authority may delegate primary responsibility for determination and implementation of the projects to any federal governmental agency which assumes any obligation to repay the loan, either directly or by insurance or guaranty. 3. The authority shall develop programs for providing financial assistance to agricultural producers in this state. 2014 Acts, ch 1080, §15, 78 Wed Dec 10 22:10:43 2025 Iowa Code 2026, Section 16.4B (14, 0)
Frequently Asked Questions About Iowa § 16.4B
What does Iowa Code § 16.4B cover?
Section 16.4B ("16.4B Guiding principles — agricultural development.") 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 § 16.4B?
A common citation format is "Iowa Code § 16.4B" (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 § 16.4B 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.