Corporation for receiving and disbursing funds.

The Iowa development commission is hereby authorized to form a corporation under the provisions of chapter 504, Code 1989 , for the purpose of receiving and disbursing funds from public or private sources to be used to further the overall development and well-being of the state. [C66, 71, 73, 75, 77, 79, 81, §28.11 ] C93, §15E.11 2003 Acts, ch 108, §7 Referred to in §15.108 , 15E.14 , 15E.15 , 15E.16