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Iowa Code § 10A.309

Interest in affected business

Redline — January 1, 2024 → current.View current text →
Current — January 1, 2026
As of January 1, 2024
It shall be unlawful for the commissioner to be financially interested in any business enterprise coming under or affected by this subchapter during the commissioner’s term of office, and if the commissioner violates this statute, it shall be sufficient grounds for removal from office, and in such case the governor shall at once declare the office vacant and appoint another to fill the vacancy.
The commissioner shall not be financially interested in any business enterprise coming under or affected by this subchapter while in office, and if the commissioner violates this statute, it shall be sufficient grounds for removal from office, and in such case the governor shall at once declare the office vacant and appoint another to fill the vacancy.
C2024, §10A.309
C2024, §10A.309
Section transferred from §86.7 in Code 2024 pursuant to directive in
Section amended

Official source: Iowa Legislature. Reproduced from public-domain Iowa statutes; confirm against the official source for the current text. Not legal advice.