Iowa § 257B.12 - 257B.12 Bonds to cover losses.
Full text of Iowa Iowa Code § 257B.12 — 257B.12 Bonds to cover losses., with citation guidance and answers to common questions.
§ 257B.12. 257B.12 Bonds to cover losses.
When any sum not less than one thousand dollars shall be so audited and so become a debt of the state to the fund, as provided by the Constitution of the State of Iowa, the auditor of state shall issue the bond or bonds of the state in favor of the fund, bearing interest at a rate not exceeding that permitted by chapter 74A, payable semiannually on the first day of January and July after issuance, and the amount to pay the interest as it becomes due is appropriated out of any funds in the state treasury. [C73, §1843; C97, §2847; C24, 27, 31, 35, 39, §4480; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §302.12] C93, §257B.12 2006 Acts, ch 1010, §79 Iowa Constitution, Art. VII, §3 Thu Dec 11 19:21:19 2025 Iowa Code 2026, Section 257B.12 (20, 0)
Source: official Iowa text · Last verified 2026-08-27
Frequently Asked Questions About Iowa § 257B.12
What does Iowa Code § 257B.12 cover?
Section 257B.12 ("257B.12 Bonds to cover losses.") 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 § 257B.12?
A common citation format is "Iowa Code § 257B.12" (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 § 257B.12 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.