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Iowa Code § 261A.20

Obligations as legal investments

Iowa · Iowa Code Chapter 261A — Higher Education Loan Authority (Private Institutions) · Status: effective

Banking, Finance & Insurance
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Iowa Code § 261A.20, Obligations as legal investments, Iowa, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2236227
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Banks, bankers, trust companies, federally chartered savings associations, investment companies, and other persons carrying on a banking or investment business, insurance companies and insurance associations, and executors, administrators, guardians, trustees, and other fiduciaries may legally invest sinking funds, moneys, or other funds belonging to them or within their control in obligations of the authority.