175.10 - SURPLUS MONEYS.
175.10 SURPLUS MONEYS.
Moneys declared by the authority to be surplus moneys which are
not required to service bonds and notes, to pay administrative
expenses of the authority or to accumulate necessary operating or
loss reserves, shall be used by the authority to provide loans,
grants, subsidies, and other services or assistance to beginning
farmers or agricultural producers through any of the programs
authorized in this chapter. Section History: Early Form
[C81, § 175.10] Section History: Recent Form
87 Acts, ch 52, § 4