reglab/housing_qa huggingface dataset:
IA Code § 16.2E (2021)
2021 Iowa Code|Title I - STATE SOVEREIGNTY AND MANAGEMENT|Chapter 16 - IOWA FINANCE AUTHORITY|Section 16.2E - Legislative findings — general.

16.2E Legislative findings — general.   The general assembly finds and declares all of the following:   1. The establishment of the authority is in all respects for the benefit of the people of the state of Iowa, for the improvement of their health and welfare, and for the promotion of the economy, which are public purposes.   2. The authority will be performing an essential governmental function in the exercise of the powers and duties conferred upon it by this chapter.   3. All of the purposes stated in this chapter are public purposes and uses for which public moneys may be borrowed, expended, advanced, loaned, or granted.  2014 Acts, ch 1080, §11, 78
IA Code § 16.3A (2021)
2021 Iowa Code|Title I - STATE SOVEREIGNTY AND MANAGEMENT|Chapter 16 - IOWA FINANCE AUTHORITY|Section 16.3A - Conflicts of interest.

16.3A Conflicts of interest. Repealed by 2014 Acts, ch 1080, §111, 114. See §16.13.
IA Code § 16.4B (2021)
2021 Iowa Code|Title I - STATE SOVEREIGNTY AND MANAGEMENT|Chapter 16 - IOWA FINANCE AUTHORITY|Section 16.4B - Guiding principles — agricultural development.

16.4B Guiding principles — agricultural development.   In the performance of its duties, implementation of its powers, and the selection of specific programs and projects to receive its assistance under subchapter VIII, the authority shall be guided by the following precatory principles:   1. The authority shall not become an owner of real or depreciable property, except on a temporary basis where necessary in order to implement its programs, to protect its investments by means of foreclosure or other means, or to facilitate transfer of real or depreciable property for the use of beginning farmers.   2. The authority shall exercise diligence and care in selection of projects to receive its assistance and shall apply customary and acceptable business and lending standards in selection and subsequent implementation of the projects. The authority may delegate primary responsibility for determination and implementation of the projects to any federal governmental agency which assumes any obligation to repay the loan, either directly or by insurance or guaranty.   3. The authority shall develop programs for providing financial assistance to agricultural producers in this state.  2014 Acts, ch 1080, §15, 78
IA Code § 16.4C (2021)
2021 Iowa Code|Title I - STATE SOVEREIGNTY AND MANAGEMENT|Chapter 16 - IOWA FINANCE AUTHORITY|Section 16.4C - Legislative findings — title guaranty.

16.4C Legislative findings — title guaranty.   The general assembly finds and declares that the abstract attorney’s title opinion system promotes land title stability for determining the marketability of land titles and is a public purpose. A public purpose is served by providing, as an adjunct to the abstract attorney’s title opinion system, a low-cost mechanism to provide for additional guaranties of real property titles in Iowa. The title guaranties facilitate mortgage lenders’ participation in the secondary market and add to the integrity of the land-title transfer system in the state.  2014 Acts, ch 1080, §16, 78
IA Code § 16.4D (2021)
2021 Iowa Code|Title I - STATE SOVEREIGNTY AND MANAGEMENT|Chapter 16 - IOWA FINANCE AUTHORITY|Section 16.4D - Legislative findings — economic development.

16.4D Legislative findings — economic development.   The general assembly finds and declares all of the following:   1. Economic development and expansion of business, industry, and farming in the state is dependent upon the availability of financing of the development and expansion at affordable interest rates.   2. The pooling of private financing enhances the marketability of the obligations involved and increases access to other state, regional, and national credit markets.   3. The creation of an economic development program as provided in section 16.102 will make the pooling of private financing available to small businesses, farmers, agricultural landowners and operators, and commercial, industrial, and other business enterprises at favorable interest rates with reduced marketing costs.  2014 Acts, ch 1080, §17, 78
IA Code § 16.5D (2021)
2021 Iowa Code|Title I - STATE SOVEREIGNTY AND MANAGEMENT|Chapter 16 - IOWA FINANCE AUTHORITY|Section 16.5D - Specific powers and duties — agricultural development.

16.5D Specific powers and duties — agricultural development.   The authority has all of the general and specific powers needed to carry out its purposes and duties as provided in this subchapter and to exercise its specific powers under subchapter VIII.  2014 Acts, ch 1080, §20, 78
IA Code § 16.6 (2021)
2021 Iowa Code|Title I - STATE SOVEREIGNTY AND MANAGEMENT|Chapter 16 - IOWA FINANCE AUTHORITY|Section 16.6 - Executive director — responsibilities.

16.6 Executive director — responsibilities.   1. The governor, subject to confirmation by the senate, shall appoint an executive director of the authority, who shall serve at the pleasure of the governor. The executive director shall be selected primarily for administrative ability and knowledge in the field, without regard to political affiliation. The executive director shall not, directly or indirectly, exert influence to induce any other officers or employees of the state to adopt a political view, or to favor a political candidate for office.   2. The executive director shall advise the authority on matters relating to housing and housing finance, carry out all directives from the authority, and hire and supervise the authority’s staff pursuant to its directions. All employees of the authority are exempt from the merit system provisions of chapter 8A, subchapter IV.   3. The executive director, as secretary of the authority, shall keep a record of the proceedings of the authority and shall be custodian of all books, documents, and papers filed with the authority and of its minute book and seal. The executive director shall have authority to cause to be made copies of all minutes and other records and documents of the authority and to give certificates under the seal of the authority to the effect that such copies are true copies and all persons dealing with the authority may rely upon such certificates.   4. The executive director may establish administrative divisions within the authority in order to most efficiently and effectively carry out the authority’s responsibilities, provided that any creation or modification of authority divisions be established only after consultation with the board of the authority.  [C77, 79, 81, §220.6]  86 Acts, ch 1237, §10; 88 Acts, ch 1158, §50; 89 Acts, ch 302, §11  C93, §16.6  2009 Acts, ch 43, §3; 2013 Acts, ch 30, §5  Referred to in §16.1  Confirmation, see §2.32
IA Code § 16.7 (2021)
2021 Iowa Code|Title I - STATE SOVEREIGNTY AND MANAGEMENT|Chapter 16 - IOWA FINANCE AUTHORITY|Section 16.7 - Annual report.

16.7 Annual report.   1. The authority shall submit to the governor and to the general assembly, not later than January 15 each year, an annual report.   2. The annual report shall contain at least three parts which include all of the following:   a. A general description of the authority setting forth:   (1) Operations and accomplishments.   (2) Receipts and expenditures during the fiscal year, in accordance with the classifications the authority establishes for its operating and capital accounts.   (3) Assets and liabilities at the end of the fiscal year and the status of reserve, special, and other funds.   (4) A schedule of bonds and notes outstanding at the end of the fiscal year, together with a statement of the amounts redeemed and issued during the fiscal year.   (5) A statement of proposed and projected activities.   (6) Recommendations to the general assembly, as the authority deems necessary.   (7) Performance goals of the authority, clearly indicating the extent of progress during the reporting period in attaining the goals.   b. A summary of housing programs administered under this chapter. The summary shall include an analysis of current housing needs in this state. Where possible, results shall be expressed in terms of housing units.   c. A summary of agricultural development programs administered under subchapter VIII. Where possible, findings and results shall be expressed in terms of number of loans, tax credits, participating qualified beginning farmers, and acres of agricultural land, by county.  [C77, 79, 81, §220.7]  C93, §16.7  2014 Acts, ch 1080, §21, 78; 2015 Acts, ch 30, §16
IA Code § 16.9 (2021)
2021 Iowa Code|Title I - STATE SOVEREIGNTY AND MANAGEMENT|Chapter 16 - IOWA FINANCE AUTHORITY|Section 16.9 - Nondiscrimination and affirmative action.

16.9 Nondiscrimination and affirmative action.   In administering its programs under this chapter, the authority shall comply with all applicable state and federal laws relating to nondiscrimination and affirmative action.  [C77, 79, 81, §220.9]  C93, §16.9  96 Acts, ch 1129, §113; 2014 Acts, ch 1080, §22, 78
IA Code § 16.10 (2021)
2021 Iowa Code|Title I - STATE SOVEREIGNTY AND MANAGEMENT|Chapter 16 - IOWA FINANCE AUTHORITY|Section 16.10 - Surplus moneys — loan and grant fund.

16.10 Surplus moneys — loan and grant fund. Repealed by 2014 Acts, ch 1080, §111, 114. See §16.32.
IA Code § 16.11 (2021)
2021 Iowa Code|Title I - STATE SOVEREIGNTY AND MANAGEMENT|Chapter 16 - IOWA FINANCE AUTHORITY|Section 16.11 - Assistance by state officers, agencies, and departments.

16.11 Assistance by state officers, agencies, and departments.   State officers and state departments and agencies may render services to the authority within their respective functions as requested by the authority.  2014 Acts, ch 1080, §23, 78
IA Code § 16.12 (2021)
2021 Iowa Code|Title I - STATE SOVEREIGNTY AND MANAGEMENT|Chapter 16 - IOWA FINANCE AUTHORITY|Section 16.12 - Property improvement loans and mortgage loans.

16.12 Property improvement loans and mortgage loans. Repealed by  2007 Acts, ch 54, §45  .
IA Code § 16.13 (2021)
2021 Iowa Code|Title I - STATE SOVEREIGNTY AND MANAGEMENT|Chapter 16 - IOWA FINANCE AUTHORITY|Section 16.13 - Conflicts of interest.

16.13 Conflicts of interest.   1. As used in this section, “member” means each individual appointed to any of the following:   a. The board of directors of the authority created pursuant to section 16.2.   b. The board of directors of the agricultural development division created pursuant to section 16.2C.   2. a. If a member or employee of the authority other than the executive director of the authority has an interest, either direct or indirect, in a contract to which the authority is, or is to be, a party, or in a mortgage lender requesting a loan from, or offering to sell mortgage loans to, the authority, the interest shall be disclosed to the authority in writing and shall be set forth in the minutes of the authority. The member or employee having the interest shall not participate in any action of the authority with respect to that contract or mortgage lender.   b. A violation of a provision of this subsection is misconduct in office under section 721.2. However, a resolution of the authority is not invalid because of a vote cast by a member in violation of this subsection unless the vote was decisive in the passage of the resolution.   c. For the purposes of this subsection, “action of the authority with respect to that contract or mortgage lender” means only an action directly affecting a separate contract or mortgage lender, and does not include an action which benefits the general public or which affects all or a substantial portion of the contracts or mortgage lenders included in a program of the authority.   3. Nothing in this section shall be deemed to limit the right of a member, officer, or employee of the authority to acquire an interest in bonds or notes of the authority or to limit the right of a member, officer, or employee other than the executive director to have an interest in a financial institution, including a lending institution, in which the funds of the authority are, or are to be, deposited or which is, or is to be, acting as trustee or paying agent under a trust indenture to which the authority is a party.   4. The executive director shall not have an interest in a financial institution, including a lending institution, in which the funds of the authority are, or are to be, deposited or which is, or is to be, acting as trustee or paying agent under a trust indenture to which the authority is a party. The executive director shall not receive, in addition to fixed salary or compensation, any money or valuable thing, either directly or indirectly, or through any substantial interest in any other corporation or business unit, for negotiating, procuring, recommending, or aiding in any purchase or sale of property, or loan, made by the authority, nor shall the executive director be pecuniarily interested, either as principal, coprincipal, agent, or beneficiary, either directly or indirectly, or through any substantial interest in any other corporation or business unit, in any such purchase, sale, or loan.  2014 Acts, ch 1080, §24, 78  Referred to in §16.16
IA Code § 16.14 (2021)
2021 Iowa Code|Title I - STATE SOVEREIGNTY AND MANAGEMENT|Chapter 16 - IOWA FINANCE AUTHORITY|Section 16.14 - Iowa homesteading program.

16.14 Iowa homesteading program. Repealed by  2007 Acts, ch 54, §45  .
IA Code § 16.15 (2021)
2021 Iowa Code|Title I - STATE SOVEREIGNTY AND MANAGEMENT|Chapter 16 - IOWA FINANCE AUTHORITY|Section 16.15 - Participation in federal housing assistance payments program.

16.15 Participation in federal housing assistance payments program. Repealed by 2014 Acts, ch 1080, §111, 114. See §16.36.
IA Code § 16.16 (2021)
2021 Iowa Code|Title I - STATE SOVEREIGNTY AND MANAGEMENT|Chapter 16 - IOWA FINANCE AUTHORITY|Section 16.16 - Liability.

16.16 Liability.   1. A member, as defined in section 16.13, or a person acting on behalf of the authority while acting within the scope of the member’s or person’s agency or employment, is not subject to personal liability resulting from carrying out the powers and duties in this chapter.   2. The United States and the secretary of agriculture of the United States are not subject to liability by virtue of the transfer of the assets to the authority under this chapter.   3. The treasurer of state shall not be subject to personal liability resulting from carrying out the powers and duties of the authority or the treasurer of state, as applicable, in subchapter X, part 10.  2014 Acts, ch 1080, §25, 78; 2015 Acts, ch 30, §17
IA Code § 16.17 (2021)
2021 Iowa Code|Title I - STATE SOVEREIGNTY AND MANAGEMENT|Chapter 16 - IOWA FINANCE AUTHORITY|Section 16.17 - Rules.

16.17 Rules.   1. The authority shall adopt pursuant to chapter 17A all rules necessary to administer this chapter.   2. The authority may adopt rules which establish further definitions applicable to this chapter and clarify the definitions in this chapter, as the authority deems convenient and necessary to carry out the public purposes of this chapter including all the following:   a. Any rules necessary to assure eligibility for funds available under federal housing laws, or to assure compliance with federal tax laws relating to the issuance of tax exempt bonds pursuant to the Internal Revenue Code or relating to the allowance of low-income credits under Internal Revenue Code §42.   b. Any rule necessary to assure eligibility for funds, insurance, or guaranties available under federal laws and to carry out the public purposes of subchapter VIII.   3. The authority may adopt rules relating to the purchase and sale of residential mortgage loans and the sale of mortgage-backed securities.  2014 Acts, ch 1080, §26, 78; 2015 Acts, ch 30, §18
IA Code § 16.18 (2021)
2021 Iowa Code|Title I - STATE SOVEREIGNTY AND MANAGEMENT|Chapter 16 - IOWA FINANCE AUTHORITY|Section 16.18 - Inconsistent provisions.

16.18 Inconsistent provisions.   This chapter takes precedence over any conflicting provisions contained in section 535.8, subsection 4, with respect to the use or enforcement of a due-on-sale or similar clause in a mortgage loan agreement, and takes precedence over any conflicting provisions contained in laws enacted after July 1, 1981, with respect to the use or enforcement of a due-on-sale or similar clause in a mortgage loan agreement unless those laws expressly provide that they take precedence over this chapter.  2014 Acts, ch 1080, §27, 78
IA Code § 16.19 (2021)
2021 Iowa Code|Title I - STATE SOVEREIGNTY AND MANAGEMENT|Chapter 16 - IOWA FINANCE AUTHORITY|Section 16.19 - Liberal interpretation.

16.19 Liberal interpretation.   This chapter, being necessary for the welfare of this state and its inhabitants, shall be liberally construed to effect its purposes.  2014 Acts, ch 1080, §28, 78
IA Code § 16.20 (2021)
2021 Iowa Code|Title I - STATE SOVEREIGNTY AND MANAGEMENT|Chapter 16 - IOWA FINANCE AUTHORITY|Section 16.20 - Loans to mortgage lenders.

16.20 Loans to mortgage lenders. Repealed by  2014 Acts, ch 1080, §111, 114  .   See §16.38.
IA Code § 16.21 (2021)
2021 Iowa Code|Title I - STATE SOVEREIGNTY AND MANAGEMENT|Chapter 16 - IOWA FINANCE AUTHORITY|Section 16.21 - Purchase of mortgage loans.

16.21 Purchase of mortgage loans. Repealed by 2014 Acts, ch 1080, §111, 114. See §16.39.
IA Code § 16.22 (2021)
2021 Iowa Code|Title I - STATE SOVEREIGNTY AND MANAGEMENT|Chapter 16 - IOWA FINANCE AUTHORITY|Section 16.22 - Application of funds from sales of obligations.

16.22 Application of funds from sales of obligations.   All moneys received by or on behalf of the authority, whether as proceeds from the sale of obligations or as revenues, are trust funds to be held and applied solely for the purposes specified in the appropriation, bond resolution, or other document authorizing receipt of the moneys by the authority. A person with which the moneys are deposited shall act as trustee of the moneys and shall hold and apply the moneys for the purposes specified in this chapter subject to limitations specified in this chapter and in the bond resolution authorizing the issuance of the obligations.  2014 Acts, ch 1080, §29, 78
IA Code § 16.27A (2021)
2021 Iowa Code|Title I - STATE SOVEREIGNTY AND MANAGEMENT|Chapter 16 - IOWA FINANCE AUTHORITY|Section 16.27A - Powers relating to loans.

16.27A Powers relating to loans.   Subject to any agreement with bondholders or noteholders, the authority may renegotiate a mortgage or secured loan or a loan to a lending institution in default, waive a default or consent to the modification of the terms of a mortgage or secured loan or a loan to a lending institution, forgive or forbear all or part of a mortgage or secured loan or a loan to a lending institution, and commence, prosecute, and enforce a judgment in any action, including but not limited to a foreclosure action, to protect or enforce any right conferred upon it by law, mortgage or secured loan agreement, contract, or other agreement, and in connection with any action, bid for and purchase the property or acquire or take possession of it, complete, administer, pay the principal of and interest on any obligations incurred in connection with the property, and dispose of and otherwise deal with the property in a manner the authority deems advisable to protect its interests.  2014 Acts, ch 1080, §32, 78; 2015 Acts, ch 30, §20
IA Code § 16.28 (2021)
2021 Iowa Code|Title I - STATE SOVEREIGNTY AND MANAGEMENT|Chapter 16 - IOWA FINANCE AUTHORITY|Section 16.28 - Remedies of bondholders and noteholders.

16.28 Remedies of bondholders and noteholders.   1. If the authority defaults in the payment of principal or interest on an issue of bonds or notes after they become due, whether at maturity or upon call for redemption, and the default continues for a period of thirty days, or if the authority fails or refuses to comply with the provisions of this chapter, or defaults in an agreement made with the holders of an issue of bonds or notes, the holders of twenty-five percent in aggregate principal amount of bonds or notes of the issue then outstanding, by instrument filed in the office of the clerk of the county in which the principal office of the authority is located, and proved or acknowledged in the same manner as a deed to be recorded, may appoint a trustee to represent the holders of the bonds or notes for the purposes provided in this section.   2. a. The authority or any trustee appointed under the indenture under which the bonds are issued may, and upon written request of the holders of twenty-five percent in aggregate principal amount of the issue of bonds or notes then outstanding shall:   (1) Enforce all rights of the bondholders or noteholders, including the right to require the authority to carry out its agreements with the holders and to perform its duties under this chapter.   (2) Bring suit upon the bonds or notes.   (3) By action require the authority to account as if it were the trustee of an express trust for the holders.   (4) By action enjoin any acts or things which are unlawful or in violation of the rights of the holders.   (5) Declare all the bonds or notes due and payable and if all defaults are made good then with the consent of the holders of twenty-five percent of the aggregate principal amount of the issue of bonds or notes then outstanding, annul the declaration and its consequences.   b. The bondholders or noteholders, to the extent provided in the resolution by which the bonds or notes were issued or in their agreement with the authority, may enforce any of the remedies in paragraph “a”, subparagraphs (1) through (5) or the remedies provided in those agreements for and on their own behalf.   3. The trustee shall also have and possess all powers necessary or appropriate for the exercise of functions specifically set forth or incident to the general representation of bondholders or noteholders in the enforcement and protection of their rights.   4. Before declaring the principal of bonds or notes due and payable, the trustee shall first give thirty days’ notice in writing to the governor, to the authority and to the attorney general of the state.   5. The district court has jurisdiction of any action by the trustee on behalf of bondholders or noteholders. The venue of the action shall be in the county in which the principal office of the authority is located.  [C77, 79, 81, §220.28; 82 Acts, ch 1187, §6]  C93, §16.28  2008 Acts, ch 1032, §130; 2017 Acts, ch 29, §17  Referred to in §16.26, 16.51, 16.57, 16.83, 16.84, 16.131, 34A.20, 260C.71
IA Code § 16.29 (2021)
2021 Iowa Code|Title I - STATE SOVEREIGNTY AND MANAGEMENT|Chapter 16 - IOWA FINANCE AUTHORITY|Section 16.29 - Agreement of the state.

16.29 Agreement of the state.   The state pledges and agrees with the holders of any bonds or notes that the state will not limit or alter the rights vested in the authority to fulfill the terms of agreements made with the holders or in any way to impair the rights and remedies of the holders until the bonds or notes together with the interest on them, plus interest on unpaid installments of interest, and all costs and expenses in connection with an action by or on behalf of the holders are fully met and discharged. The authority may include this pledge and agreement of the state in any agreement with the holders of bonds or notes.  2014 Acts, ch 1080, §33, 78