326.29 Fees to road use tax fund.
90 words·~1 min read·
/ia/chapter-326-registration-reciprocity/326-29·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Fees collected by the department pursuant to this chapter shall be remitted to the treasurer of state for deposit in the road use tax fund except that fees collected for other jurisdictions shall be placed in a special fund known as the “reciprocity fund”. The department, at least monthly, shall order the disbursement of such fees collected to the appropriate jurisdictions. Interest earned on the reciprocity fund shall be retained by the state and shall be credited to the road use tax fund.
[C71, 73, 75, 77, 79, 81, §326.29]