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Code · Iowa · Chapter 15E — Development Activities

15E.363 Entrepreneur investment awards program fund.

133 words·~1 min read·/ia/chapter-15e-development-activities/15e-363

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

1. An entrepreneur investment awards program fund is created in the state treasury under the control of the authority and consisting of any moneys appropriated by the general assembly and any other moneys available to and obtained or accepted by the authority for placement in the fund.
2. Payments of interest, repayments of moneys provided, and recaptures of moneys provided shall be deposited in the fund.
3. Moneys credited to the fund are appropriated to the authority and shall be used to provide financial assistance under the program.
4. Moneys in the fund are not subject to section 8.33. Notwithstanding section 12C.7, interest or earnings on moneys in the fund shall be credited to the fund.
2012 Acts, ch 1126, §22; 2015 Acts, ch 138, §84, 161, 162
Referred to in §15.111, 15E.362
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