Iowa Code § 331.432

Current through bills signed by governor as of 5/17/2024
Section 331.432 - [Effective 7/1/2025] Interfund transfers
1. It is unlawful to make permanent transfers of money between the general fund and the rural services fund.
2. Moneys credited to the secondary road fund for the construction and maintenance of secondary roads shall not be transferred.
3. [Deleted]
4. Other transfers, including transfers from the debt service fund made in accordance with section 331.430, and transfers from the general or rural services fund to the secondary road fund in accordance with section 331.429, subsection 1, paragraphs "a" and "b", are not effective until authorized by resolution of the board.
5. The transfer of inactive funds is subject to section 24.21.

Iowa Code § 331.432

Amended by 2024 Iowa, ch Chapter 1161,s 116, eff. 7/1/2025.
Amended by 2021 Iowa, ch 177, s 100, eff. 6/16/2021.
83 Acts, ch 123, §16, 209; 98 Acts, ch 1213, §1, 2; 2012 Acts, ch 1019, §115

Section not amended; internal reference change applied

This section is set out more than once due to postponed, multiple, or conflicting amendments.