Iowa § 16.64 - 16.64 Bonds and notes — tax exemption.
Full text of Iowa Iowa Code § 16.64 — 16.64 Bonds and notes — tax exemption., with citation guidance and answers to common questions.
§ 16.64. 16.64 Bonds and notes — tax exemption.
1. The authority shall publish a notice of intention to issue bonds or notes. After sixty days from the date of publication of the notice, an action shall not be brought questioning the legality of any bonds or notes or the power of the authority to issue any bonds or notes or to the legality of any proceedings in connection with the authorization or issuance of the bonds or notes after determination by the board to proceed with the issuance of the bonds or notes. 2. Bonds and notes issued by the authority for purposes of financing the beginning farmer loan program provided in section 16.75 are exempt from taxation by the state, and interest earned on the bonds and notes is deductible in determining net income for purposes of the state individual and corporate income tax under subchapters II and III of chapter 422. 2014 Acts, ch 1080, §53, 78; 2015 Acts, ch 30, §23; 2020 Acts, ch 1062, §94; 2025 Acts, ch 147, §40 Referred to in §422.7(2)(e) Subsection 1 amended Wed Dec 10 22:11:17 2025 Iowa Code 2026, Section 16.64 (46, 5)
Source: official Iowa text · Last verified 2026-08-27
Frequently Asked Questions About Iowa § 16.64
What does Iowa Code § 16.64 cover?
Section 16.64 ("16.64 Bonds and notes — tax exemption.") 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 § 16.64?
A common citation format is "Iowa Code § 16.64" (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 § 16.64 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.