Iowa § 80B.19 - 80B.19 Academy internal training clearing fund.
Full text of Iowa Iowa Code § 80B.19 — 80B.19 Academy internal training clearing fund., with citation guidance and answers to common questions.
§ 80B.19. 80B.19 Academy internal training clearing fund.
1. Activities of the academy shall be accounted for within the general fund of the state, except the academy may establish and maintain an internal training clearing fund, in accordance with generally accepted accounting principles, for activities of the academy which are primarily from billings to governmental entities for services rendered by the academy. 2. Internal training funds in the internal training clearing fund shall be administered by the academy and shall consist of moneys collected by the academy from billings issued in accordance with this chapter, and any other moneys obtained or accepted by the academy, including but not limited to gifts, loans, donations, grants, and contributions, which are obtained or designated to support the activities of the academy. 3. The proceeds of an internal training clearing fund established pursuant to this section shall be used by the academy and expended through the appropriated account of the academy for the operations of the academy consistent with this chapter. However, this usage requirement shall not limit or restrict the academy from using proceeds from gifts, loans, donations, grants, and contributions in conformance with any conditions, directions, limitations, or instructions attached or related thereto. 4. Section 8.33 does not apply to any moneys in the internal training clearing fund established pursuant to this section. Notwithstanding section 12C.7, subsection 2, interest or earnings on moneys deposited in the fund shall be credited to the fund. 2017 Acts, ch 167, §22; 2017 Acts, ch 170, §33; 2024 Acts, ch 1185, §119 Wed Dec 10 22:30:11 2025 Iowa Code 2026, Section 80B.19 (12, 0)
Source: official Iowa text · Last verified 2026-08-27
Frequently Asked Questions About Iowa § 80B.19
What does Iowa Code § 80B.19 cover?
Section 80B.19 ("80B.19 Academy internal training clearing fund.") 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 § 80B.19?
A common citation format is "Iowa Code § 80B.19" (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 § 80B.19 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.