§ 261A.1 Short title and citation
§ 261A.2 Declaration of purpose
§ 261A.3 Legislative findings
§ 261A.4 Definitions
§ 261A.5 Creation as public instrumentality
§ 261A.6 Membership of authority
§ 261A.7 Duties of authority
§ 261A.8 Powers of authority
§ 261A.9 Expenses of authority — limitation of liability.
§ 261A.10 Acquisition of moneys, endowments, properties, and guarantees
§ 261A.11 Conveyance of loan funding deposit after payment of principal and interest
§ 261A.12 Obligations
§ 261A.13 Trust agreement to secure obligations
§ 261A.14 Payment of obligations — nonliability of state.
§ 261A.15 Pledge of revenues
§ 261A.16 Funds for sales of obligations as trust funds — application of funds.
§ 261A.17 Rights of holders of obligations
§ 261A.18 Refunding bonds — purpose — proceeds — investment of proceeds.
§ 261A.19 Investment of funds of authority
§ 261A.20 Obligations as legal investments
§ 261A.21 Annual report
§ 261A.22 Waiver of competitive bidding
§ 261A.23 Institution power — interest rates.
§ 261A.24 Chapter as alternative method — powers not subject to supervision or regulation.
§ 261A.25 Notice
§ 261A.26 Liberal construction of chapter
§ 261A.27 Exercise of powers as essential public function — exemption from taxation.
§ 261A.32 Legislative findings
§ 261A.33 Purpose of subchapter
§ 261A.34 Definitions
§ 261A.35 General power of authority
§ 261A.36 Issuance of obligations
§ 261A.37 Loans authorized
§ 261A.38 Issuance of obligations — conditions.
§ 261A.39 General powers — apportionment of costs.
§ 261A.40 Joint and combination projects
§ 261A.41 Expenses
§ 261A.42 Obligations
§ 261A.43 Resolution provisions
§ 261A.44 Obligations secured by trust agreement
§ 261A.45 Obligations issued to acquire federally guaranteed securities
§ 261A.46 Obligations not liability of state or political subdivision
§ 261A.47 Money received by authority
§ 261A.48 Powers of holders and trustees
§ 261A.49 Bondholders — pledge — agreement of the state.
§ 261A.50 Provisions controlling

Terms Used In Iowa Code > Chapter 261A

  • Authority: means the Iowa higher education loan authority created by this chapter, and "members of the authority" means those persons appointed to the authority pursuant to section 261A. See Iowa Code 261A.4
  • Authority loans: means loans by the authority to institutions of higher education for the purpose of funding education loans. See Iowa Code 261A.4
  • Bond resolution: means a resolution of the authority and the trust agreement, if any, and any supplements or amendments to the resolution and agreement, authorizing the issuance of and providing for the terms and conditions applicable to obligations. See Iowa Code 261A.4
  • Bond service charges: means principal, including mandatory sinking fund requirements for retirement of obligations, and interest, and redemption premium, if any, required to be paid by the authority on obligations. See Iowa Code 261A.4
  • Borrower: means a student who has received an education loan or a parent who has received or agreed to pay an education loan. See Iowa Code 261A.4
  • Cost of attendance: means the amount defined by the institution for the purpose of the guaranteed student loan program as defined under Tit. See Iowa Code 261A.4
  • Default insurance: means insurance insuring education loans, authority loans, or obligations against default. See Iowa Code 261A.4
  • Default reserve fund: means a fund established pursuant to a bond resolution for the purpose of securing education loans, authority loans, or obligations. See Iowa Code 261A.4
  • Education loan: means a loan which is made by an institution to a student or parents of a student, or both, in amounts not in excess of the maximum amounts specified in rules adopted by the authority under chapter 17A to finance all or a portion of the cost of the student's attendance at the institution. See Iowa Code 261A.4
  • Education loan series portfolio: means all education loans made by a specific institution which are funded from the proceeds of an authority loan to the institution from the proceeds of a related specific issue of obligations through the authority. See Iowa Code 261A.4
  • following: when used by way of reference to a chapter or other part of a statute mean the next preceding or next following chapter or other part. See Iowa Code 4.1
  • Institution: means a nonprofit educational institution located in Iowa not owned or controlled by the state or any political subdivision, agency, instrumentality, district, or city of the state, which is authorized by law to provide a program of education beyond the high school level and which meets all of the following requirements:
  • Obligations: means bonds, notes, or other evidences of indebtedness of the authority, including interest coupons pertaining thereto, issued under this chapter, including refunding bonds. See Iowa Code 261A.4
  • Person: means a public or private person, firm, partnership, association, corporation or other body. See Iowa Code 261A.4
  • person: means individual, corporation, limited liability company, government or governmental subdivision or agency, business trust, estate, trust, partnership or association, or any other legal entity. See Iowa Code 4.1
  • property: includes personal and real property. See Iowa Code 4.1
  • seal: shall include an impression upon the paper alone, or upon wax, a wafer affixed to the paper, or an official stamp of a notarial officer as provided in chapter 9B. See Iowa Code 4.1
  • Signature: includes an electronic signature as defined in section 554D. See Iowa Code 4.1
  • 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
  • undertaking: means a promise or security in any form. See Iowa Code 4.1
  • United States: includes all the states. See Iowa Code 4.1
  • year: means twelve consecutive months. See Iowa Code 4.1