Iowa Code § 218.49
Contingent fund
Redline — January 1, 2012 → current.View current text →
Current — January 1, 2025
As of January 1, 2012
The administrator in control of an institution may permit the superintendent or the business manager of each institution to retain a stated amount of funds under the superintendent’s or business manager’s supervision as a contingent fund for the payment of freight, postage, commodities purchased on authority of the particular superintendent or business manager involved on a cash basis, salaries, and bills granting discount for cash.
The director may permit the superintendent of each institution or the superintendent’s designee to retain a stated amount of funds under the superintendent’s or superintendent’s designee’s supervision as a contingent fund for the payment of freight, postage, commodities purchased on authority of the particular superintendent involved on a cash basis, salaries, and bills granting discount for cash.
Official source: Iowa Legislature. Reproduced from public-domain Iowa statutes; confirm against the official source for the current text. Not legal advice.