Iowa Code § 73.14

This is the official text of Iowa Code § 73.14, 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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Minority-owned, service-disabled veteran-owned, and female-owned businesses bond issuance services.

Official statutory text

(1) The state, board of regents institutions, counties, townships, school districts, community colleges, cities, and other public entities, and every person acting as contracting agent for any such entity, shall, when issuing bonds or other obligations, make a good-faith effort to utilize minority-owned, service-disabled veteran-owned, and female-owned businesses for attorneys, accountants, financial advisors, banks, underwriters, insurers, and other occupations necessary to carry out the issuance of bonds or other obligations by the entity.

(2) For purposes of this section:

(2) (a) “Female-owned business” means a business that is fifty-one percent or more owned, operated, and actively managed by one or more women.

(2) (b) “Minority-owned business” means a business that is fifty-one percent or more owned, operated, and actively managed by one or more minority persons.

(2) (c) “Service-disabled veteran-owned business” means a business that is fifty-one percent or more owned, operated, and actively managed by one or more service-disabled veterans, as defined in 15 U.S.C. §632.

2010 Acts, ch 1184, §91; 2015 Acts, ch 136, §35, 36, 54, 55

Status: in_force · Read it on the official government site

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