Iowa § 260C.21 - 260C.21 Election to incur indebtedness.
Full text of Iowa Iowa Code § 260C.21 — 260C.21 Election to incur indebtedness., with citation guidance and answers to common questions.
§ 260C.21. 260C.21 Election to incur indebtedness.
No indebtedness shall be incurred under section 260C.19 until authorized by an election. A proposition to incur indebtedness and issue bonds for community college purposes shall be deemed carried in a merged area if approved by a sixty percent majority of all voters voting on the proposition in the area. However, if the costs of utilities are paid by a community college with funds derived from the levy authorized under section 260C.22, the community college may use the general fund moneys that would have been used to pay the costs of utilities for capital expenditures, may invest the funds, or may incur indebtedness without an election, provided that the payments on the indebtedness incurred, and any interest on the indebtedness, can be made using general funds of the community college and the total payments on the principal and interest on the indebtedness do not exceed the amount of the costs of the utilities. [C66, 71, 73, 75, 77, 79, 81, §280A.21] 90 Acts, ch 1253, §31 C93, §260C.21 Thu Dec 11 19:21:52 2025 Iowa Code 2026, Section 260C.21 (21, 0)
Source: official Iowa text · Last verified 2026-08-27
Frequently Asked Questions About Iowa § 260C.21
What does Iowa Code § 260C.21 cover?
Section 260C.21 ("260C.21 Election to incur indebtedness.") 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 § 260C.21?
A common citation format is "Iowa Code § 260C.21" (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 § 260C.21 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.