Iowa Code (Last Updated: December 05, 2016) |
Title IX. LOCAL GOVERNMENT |
Chapter 331. COUNTY HOME RULE IMPLEMENTATION |
Section 331.477. Current debt authorized.
Latest version.
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A debt payable from resources which will have accrued in a fund by the end of the fiscal year in which the debt is incurred may be authorized only by resolution of the board. The debt may take the form of:
1. Anticipatory warrants subject to chapter 74.
2. Loans from other county funds.
3. Other formal short-term debt instruments or obligations.