SCHOOL BOND QUALIFICATION, APPROVAL, AND LOAN ACT
- Section 388.1921 - Short title
- Section 388.1922 - Purpose of act
- Section 388.1923 - Definitions
- Section 388.1924 - Qualification of new bonds; terms and conditions applicable to outstanding qualified bonds; application for prequalification
- Section 388.1925 - Preliminary qualification; application
- Section 388.1926 - Prequalification of bonds; determination by state treasurer
- Section 388.1927 - Qualification of bonds; determination by state treasurer; order; specifications; loan agreement; failure to issue bonds within certain time; reapplication; qualification of refunding bonds
- Section 388.1928 - Submission of ballot to electors; ballot
- Section 388.1929 - Amount of borrowing; limitation; payment date for outstanding qualified loans; order; maintenance of separate accounts for each school district; duration of millage levy; amended and restated repayment agreements; waiver of portion of millage levy; findings; interest; final or later mandatory repayment date
- Section 388.1930 - Certificates of qualification or approval; file; delivery
- Section 388.1931 - Rules; bulletins
- Section 388.1932 - Failure to apply for prequalification, qualification, or approval of bond before issuance
- Section 388.1933 - School district owing revolving loan fund; filing annual loan activity application required; borrowing for debt service on qualified bonds; draw request; duties of state treasurer upon receipt of qualified loan confirmation; notification of no need to borrow by school district; invoice for repayment amount; remittance
- Section 388.1934 - Failure of school district to pay principal and interest due on qualified bonds; notice; payment by state treasurer; billing of school district for amount paid; remittance
- Section 388.1935 - Default; repayment
- Section 388.1936 - Charging and disposition of fees
- Section 388.1937 - False statement or unauthorized use of proceeds; violation as felony; penalty
- Section 388.1938 - Use of remaining proceeds
- Section 388.1939 - Actions by designee