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Code · Iowa · Chapter 257B — School Funds

257B.41 Uncollected interest.

79 words·~1 min read·/ia/chapter-257b-school-funds/257b-41·

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If any county fails or refuses to collect the amount of interest due the state, the deficiency shall be paid to the state from the general county fund. Any county delinquent in the payment of interest due the state shall be charged one percent per month on the amount delinquent until paid.
[C73, §1882; C97, §2855; S13, §2855; C24, 27, 31, 35, 39, §4508; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §302.41]
C93, §257B.41
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