Iowa Code 262.52 – No state funds loaned
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Terms Used In Iowa Code 262.52
- state: when applied to the different parts of the United States, includes the District of Columbia and the territories, and the words "United States" may include the said district and territories. See Iowa Code 4.1
- Student: means a person who enrolls in or seeks to enroll in a course of instruction offered or conducted by a school. See Iowa Code 261B.2
State funds shall not be loaned for the purposes of this subchapter. This prohibition shall not apply to funds derived from the net earnings of buildings, structures, areas, and facilities owned by the state or to funds received from student fees or charges.