Terms Used In Iowa Code 573A.8

  • Contract: A legal written agreement that becomes binding when signed.
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
573A.8 Limit of payment.
In no event shall the public corporation pay or be required to pay compensation or moneys
in excess of the total compensation stated in the contract for the construction of the public improvement.
[C54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §573A.8]