Iowa § 390.13 - 390.13 Public bonds or obligations authorized by resolution of board of directors —
Full text of Iowa Iowa Code § 390.13 — 390.13 Public bonds or obligations authorized by resolution of board of directors —, with citation guidance and answers to common questions.
§ 390.13. 390.13 Public bonds or obligations authorized by resolution of board of directors —
terms. 1. The board of directors of an electric power agency, by resolution, may authorize the issuance of public bonds or obligations of the electric power agency. 2. The public bonds or obligations may be issued in one or more series under the resolution or under a trust indenture or other security agreement. 3. The resolution, trust indenture, or other security agreement, with respect to such public bonds or obligations, shall provide for all of the following: a. The date on the public bonds or obligations. b. The time of maturity. c. The rate of interest. d. The denomination. e. The form, either coupon or registered. f. The conversion, registration, and exchange privileges. g. The rank or priority. h. The manner of execution. i. The medium of payment, including the place of payment, either within or outside of the state. j. The terms of redemption, either with or without premium. k. Such other terms and conditions as set forth by the board in the resolution, trust indenture, or other security agreement. 4. Public bonds or obligations authorized by the board of directors shall not be subject to any restriction under other law with respect to the amount, maturity, interest rate, or other terms of obligation of a public agency or private person. 5. Chapter 75 shall not apply to public bonds or obligations authorized by the board of directors as provided in this section. 2001 Acts, 1st Ex, ch 4, §21, 36 CS2001, §476A.24 2010 Acts, ch 1018, §11 C2011, §390.13 Fri Dec 12 20:12:50 2025 Iowa Code 2026, Section 390.13 (24, 0)
Source: official Iowa text · Last verified 2026-08-27
Frequently Asked Questions About Iowa § 390.13
What does Iowa Code § 390.13 cover?
Section 390.13 ("390.13 Public bonds or obligations authorized by resolution of board of directors —") 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 § 390.13?
A common citation format is "Iowa Code § 390.13" (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 § 390.13 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.