A warrant not paid upon presentation for want of funds bears interest on unpaid balances at the rate in effect at the time the warrant is first presented for payment, as established by rule pursuant to section 74A.6, subsection 2. This section does not apply to an obligation which by law bears interest from the time it is issued.
[C51, § 65, 153; R60, § 86, 361; C73, § 78, 328, 1748, 1824; C97, § 104, 483, 660, 2768; S13, § 104, 483; C24, 27, 31, § 135, 4318, 5160, 5645, 7496; C35, § 1171-f2; C39, § 1171.12; C46, 50, 54, 58, 62, 66, § 74.2; C71, 73, 75, 77, 79, § 74.2, 455.198; C81, § 74A.2]
Previous Section 74A.1
Next Section 74A.3
© 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/2003/74A/2.html
jhf