Iowa Code 291.5 – Action on bond
Current as of: 2023 | Check for updates
|
Other versions
Terms Used In Iowa Code 291.5
- 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.
- School: means an agency of the state or political subdivision of the state, individual, partnership, company, firm, society, trust, association, corporation, or any combination which meets any of the following criteria:a. See Iowa Code 261B.2In case of a breach of the bond, the president shall bring action thereon in the name of the school corporation.