Iowa Code (Last Updated: December 05, 2016) |
Title I. STATE SOVEREIGNTY AND MANAGEMENT |
Chapter 7C. PRIVATE ACTIVITY BOND ALLOCATION ACT |
Section 7C.4. Maximum amount of bonds.
Latest version.
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The aggregate principal amount of bonds which are subject to section 146 of the Internal Revenue Code which may be issued by all political subdivisions during a calendar year shall not exceed the state ceiling for that calendar year, except as provided in section 7C.8.
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