Iowa § 74A.7 - 74A.7 School district warrants.

Full text of Iowa Iowa Code § 74A.7 — 74A.7 School district warrants., with citation guidance and answers to common questions.

§ 74A.7. 74A.7 School district warrants.

1. The treasurer of a school district shall sell anticipatory warrants authorized by section 74.1, subsection 2 at a rate of interest to be determined by the board of the school district. 2. The treasurer may offer the warrants for public sale at par, by publishing notice of the sale for two consecutive weeks in a newspaper of general circulation in the jurisdiction of the school district issuing the warrants, giving not less than ten days’ notice of the time and place of the sale. The notice shall include a statement of the amount of the warrants offered for sale. 3. Sealed bids may be received at any time up to the time all bids are opened. The treasurer shall sell the warrants to the bidder offering the lowest interest rate, provided that the treasurer may reject all bids and readvertise the sale of the warrants pursuant to the provisions of this section. 4. This section applies only to school districts whose anticipated receipts allocable to the current budget are at least equal to their legally approved budget for the current year. [C71, 73, 75, 77, 79, §74.8; C81, §74A.7] Referred to in §74A.6, 273.3 See construction by 80 Acts, ch 1025, §77 Wed Dec 10 22:29:06 2025 Iowa Code 2026, Section 74A.7 (16, 0)

Source: official Iowa text · Last verified 2026-08-27

Frequently Asked Questions About Iowa § 74A.7

What does Iowa Code § 74A.7 cover?

Section 74A.7 ("74A.7 School district warrants.") 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 § 74A.7?

A common citation format is "Iowa Code § 74A.7" (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 § 74A.7 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.