261A.5  Creation as public instrumentality.

The Iowa higher education loan authority is created as a body politic and corporate. The authority is a public instrumentality and the exercise by the authority of the powers conferred by this chapter is the performance of an essential public function. The authority is attached to the college student aid commission for administrative purposes.

Section History: Early form

  [82 Acts, ch 1031, § 5]

Section History: Recent form

  86 Acts, ch 1245, § 1455; 90 Acts, ch 1253, § 122


Previous Section 261A.4

Next Section 261A.6


Return To Home index


© 2003 Cornell College and League of Women Voters of Iowa


Comments about this site or page? webmaster@legis.iowa.gov.
Please remember that the person listed above does not vote on bills. Direct all comments concerning legislation to State Legislators.

Last update: Tue Jan 28 13:52:42 CST 2003
URL: /DOCS/IACODE/2003/261A/5.html
jhf