Text: HF00457 Text: HF00459 Text: HF00400 - HF00499 Text: HF Index Bills and Amendments: General Index Bill History: General Index
PAG LIN
1 1 Section 1. Section 23A.2, subsection 10, Code 2003, is
1 2 amended by adding the following new paragraph:
1 3 NEW PARAGRAPH. q. The acceptance and sale or other
1 4 disposition of an interest in property offered by a debtor in
1 5 payment or compromise of a personal debt owed to the state.
1 6 EXPLANATION
1 7 This bill creates an exception to Code chapter 23A relating
1 8 to noncompetition by state government by allowing the state or
1 9 any of its political subdivisions to accept and sell or
1 10 otherwise dispose of property offered by a debtor in payment
1 11 or compromise of a personal debt owed to the state.
1 12 "Political subdivision" means a city, county, or school
1 13 corporation.
1 14 LSB 2129HH 80
1 15 rh/pj/5
Text: HF00457 Text: HF00459 Text: HF00400 - HF00499 Text: HF Index Bills and Amendments: General Index Bill History: General Index
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