Iowa § 412.2 - 412.2 Source of funds.
Full text of Iowa Iowa Code § 412.2 — 412.2 Source of funds., with citation guidance and answers to common questions.
§ 412.2. 412.2 Source of funds.
The fund for such pension and annuity retirement system shall be created from any or all of the following sources: 1. From the proceeds of the assessments on the wages and salaries of employees, of any such waterworks system, or other municipally owned and operated public utility, eligible to receive the benefits thereof. 2. From the interest on any permanent fund which may be created by gift, bequest, or otherwise. 3. From moneys derived from the operation of such waterworks, or other municipally owned and operated public utility, available and appropriated therefor by the council, board of waterworks trustees, or other board or commission, whichever is authorized by law to manage and operate such waterworks or other municipally owned and operated public utility. Such money so expended shall constitute an operating expense of such utility. [C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §412.2] 2009 Acts, ch 179, §129; 2017 Acts, ch 2, §23, 26, 27 Referred to in §412.3, 412.4 Fri Dec 12 20:14:44 2025 Iowa Code 2026, Section 412.2 (22, 0)
Source: official Iowa text · Last verified 2026-08-27
Frequently Asked Questions About Iowa § 412.2
What does Iowa Code § 412.2 cover?
Section 412.2 ("412.2 Source of funds.") 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 § 412.2?
A common citation format is "Iowa Code § 412.2" (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 § 412.2 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.