Iowa Code 15E.363 – Entrepreneur investment awards program fund
Current as of: 2024 | Check for updates
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1. An entrepreneur investment awards program fund is created in the state treasury under the control of the authority and consisting of any moneys appropriated by the general assembly and any other moneys available to and obtained or accepted by the authority for placement in the fund.
Terms Used In Iowa Code 15E.363
- authority: means the economic development authority created in section 15. See Iowa Code 15E.1
- state: when applied to the different parts of the United States, includes the District of Columbia and the territories, and the words "United States" may include the said district and territories. See Iowa Code 4.1
2. Payments of interest, repayments of moneys provided, and recaptures of moneys provided shall be deposited in the fund.
3. Moneys credited to the fund are appropriated to the authority and shall be used to provide financial assistance under the program.
4. Moneys in the fund are not subject to section 8.33. Notwithstanding section 12C.7, interest or earnings on moneys in the fund shall be credited to the fund.