Iowa Code § 384.29
Form of bonds
Redline — January 1, 2012 → current.View current text →
Current — January 1, 2013
As of January 1, 2012
As provided by resolution of the council, general obligation bonds may:
As provided by resolution of the council, general obligation bonds may:
1. Bear dates.
1. Bear dates.
2. Bear interest at rates not exceeding the limitations imposed by chapter 75.
2. Bear interest at rates not exceeding the limitations imposed by chapter 75.
3. Mature in one or more installments.
3. Mature in one or more installments.
4. Be in either coupon or registered form.
4. Be in either coupon or registered form.
5. Carry registration and conversion privileges.
5. Carry registration and conversion privileges.
6. Be payable as to principal and interest at times and places.
6. Be payable as to principal and interest at times and places.
7. Be subject to terms of redemption prior to maturity with or without premium.
7. Be subject to terms of redemption prior to maturity with or without premium.
8. Be in one or more denominations.
8. Be in one or more denominations.
9. Be designated with a brief reference to purpose, or if issued for a combination of purposes, be designated “corporate purpose bond”.
9. Be designated with a brief reference to purpose, or if issued for a combination of purposes, be designated “corporate purpose bond”.
10. Contain other provisions not in conflict with the laws of the state of Iowa.
10. Contain other provisions not in conflict with the laws of the state of Iowa.
Referred to in
Official source: Iowa Legislature. Reproduced from public-domain Iowa statutes; confirm against the official source for the current text. Not legal advice.