Iowa Code § 28E.5
This is the official text of Iowa Code § 28E.5, part of Iowa’s Code — part of the compiled statutory law of Iowa, published by the state as "Code." Browse the sections below, each linked to its official government source.
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Specifications.
Official statutory text
Any such agreement shall specify the following:
(1) Its duration.
(2) The precise organization, composition and nature of any separate legal or administrative entity created thereby together with the powers delegated thereto, provided such entity may be legally created. However, if the agreement establishes a separate legal or administrative entity, the entity shall, when investing funds, comply with the provisions of sections 12B.10 and 12B.10A through 12B.10C and other applicable law.
(3) Its purpose or purposes.
(4) The manner of financing the joint or cooperative undertaking and of establishing and maintaining a budget therefor.
(5) The permissible method or methods to be employed in accomplishing the partial or complete termination of the agreement and for disposing of property upon such partial or complete termination.
(6) Any other necessary and proper matters.
[C66, 71, 73, 75, 77, 79, 81, §28E.5]92 Acts, ch 1156, §9
(1) Its duration.
(2) The precise organization, composition and nature of any separate legal or administrative entity created thereby together with the powers delegated thereto, provided such entity may be legally created. However, if the agreement establishes a separate legal or administrative entity, the entity shall, when investing funds, comply with the provisions of sections 12B.10 and 12B.10A through 12B.10C and other applicable law.
(3) Its purpose or purposes.
(4) The manner of financing the joint or cooperative undertaking and of establishing and maintaining a budget therefor.
(5) The permissible method or methods to be employed in accomplishing the partial or complete termination of the agreement and for disposing of property upon such partial or complete termination.
(6) Any other necessary and proper matters.
[C66, 71, 73, 75, 77, 79, 81, §28E.5]92 Acts, ch 1156, §9
Status: in_force · Read it on the official government site
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