Text: HF02167 Text: HF02169 Text: HF02100 - HF02199 Text: HF Index Bills and Amendments: General Index Bill History: General Index
PAG LIN
1 1 HOUSE FILE 2168
1 2
1 3 AN ACT
1 4 RELATING TO THE SALE OF STOCK OR OWNERSHIP INTEREST OF ANY
1 5 CORPORATION FORMED UNDER THE IOWA BUSINESS DEVELOPMENT
1 6 FINANCE ACT.
1 7
1 8 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA:
1 9
1 10 Section 1. Section 15E.134, subsection 8, Code 1997, is
1 11 amended to read as follows:
1 12 8. To do all acts and things necessary or convenient to
1 13 carry out the powers expressly granted in this division and
1 14 such other powers not in conflict with this division granted
1 15 under chapter 490, including the power and authority to sell
1 16 any and all of the stock or ownership interest of any
1 17 corporation formed pursuant to this division notwithstanding
1 18 any contrary provisions or restrictions of this division. Any
1 19 proceeds of the sale of stock or ownership interest shall be
1 20 deposited in the strategic investment fund created in section
1 21 15.313 to be allocated by the Iowa economic development board
1 22 to programs for which the assets of the fund may be used.
1 23
1 24
1 25
1 26 RON J. CORBETT
1 27 Speaker of the House
1 28
1 29
1 30
1 31 MARY E. KRAMER
1 32 President of the Senate
1 33
1 34 I hereby certify that this bill originated in the House and
1 35 is known as House File 2168, Seventy-seventh General Assembly.
2 1
2 2
2 3
2 4 ELIZABETH ISAACSON
2 5 Chief Clerk of the House
2 6 Approved , 1998
2 7
2 8
2 9
2 10 TERRY E. BRANSTAD
2 11 Governor
Text: HF02167 Text: HF02169 Text: HF02100 - HF02199 Text: HF Index Bills and Amendments: General Index Bill History: General Index
© 1998 Cornell College and League of Women Voters of Iowa
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