Iowa Code § 74.7
Endorsement of interest
Iowa · Iowa Code Chapter 74 — Public Obligations Not Paid for Want of Funds · Status: effective
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- Citation
- Iowa Code § 74.7, Endorsement of interest, Iowa, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2220901
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Full text
When an obligation which legally draws interest is paid, the treasurer shall endorse upon it the date of payment, and the amount of interest paid. The treasurer shall enter into the records maintained under section 74.3 or 331.554, subsection 5, paragraph “b” as applicable, the date of payment and the amount of interest paid.