Iowa Code (Last Updated: December 05, 2016) |
Title VII. EDUCATION AND CULTURAL AFFAIRS |
Chapter 279. DIRECTORS — POWERS AND DUTIES |
Section 279.42. Gifts to schools.
Latest version.
-
The board of directors of a school district that receives funds through a gift, devise, or bequest shall deposit the funds in a trust fund, permanent fund, or agency fund and shall use the funds in accordance with the terms of the gift, devise, or bequest.
[C66, 71, 73, 75, 77, 79, 81, §279.42]
See also §565.6