Iowa Code (Last Updated: December 05, 2016) |
Title IX. LOCAL GOVERNMENT |
Chapter 390. JOINT ELECTRICAL UTILITIES |
Section 390.24. Repurchase of securities.
Latest version.
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An electric power agency may purchase public bonds or obligations out of any funds available for such purchase, and hold, pledge, cancel, or resell the public bonds or obligations, subject to and in accordance with any agreements with the holders.