Iowa § 76.13 - 76.13 Interim financing.
Full text of Iowa Iowa Code § 76.13 — 76.13 Interim financing., with citation guidance and answers to common questions.
§ 76.13. 76.13 Interim financing.
1. A public body authorized to issue bonds may issue project notes in anticipation of the receipt of any of the following: a. Proceeds from the issuance of public bonds or obligations previously authorized. b. Proceeds to be received pursuant to law or agreement from any state or federal agency. c. Income or revenues from sources to be received and expended for the project during the project construction or acquisition period. d. Any combination of paragraphs “a” through “c”. 2. Notes shall be issued in the form and manner provided in a resolution of the governing body of the issuer. The resolution may set forth and appropriate the moneys anticipated by the notes. 3. The resolution may provide that to the extent issued in anticipation of public bonds or obligations, notes shall be paid from the proceeds of the issuance of public bonds or obligations. To the extent issued in anticipation of bonds, note proceeds shall be expended only for the purposes for which the bond proceeds may be expended. 4. Notes shall not be issued in anticipation of public bonds or obligations in an amount greater than the authorized amount of the public bonds or obligations and moneys appropriated for the same purposes. 5. a. Notes may be sold at public or private sale and bear interest at rates set by the governing body of the issuer at the time of their issuance notwithstanding chapter 74A. b. The authority of a public body to issue project notes under this section is in addition to any other authority of the public body to issue other obligations as otherwise provided by law. 83 Acts, ch 90, §5 Referred to in §75.9 Wed Dec 10 22:29:19 2025 Iowa Code 2026, Section 76.13 (16, 0)
Frequently Asked Questions About Iowa § 76.13
What does Iowa Code § 76.13 cover?
Section 76.13 ("76.13 Interim financing.") 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 § 76.13?
A common citation format is "Iowa Code § 76.13" (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 § 76.13 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.