CHAPTER 262 BOARD OF REGENTS
262.1 MEMBERSHIP.
262.2 APPOINTMENT -- TERM OF OFFICE.
262.4 REMOVALS.
262.5 SUSPENSION.
262.6 VACANCIES.
262.7 INSTITUTIONS GOVERNED.
262.8 MEETINGS.
262.9 POWERS AND DUTIES.
1.
262.9A PROHIBITION OF CONTROLLED SUBSTANCES.
262.10 PURCHASES -- PROHIBITIONS.
262.11 RECORD -- ACTS AFFECTING PROPERTY.
262.12 COMMITTEES AND ADMINISTRATIVE OFFICES UNDER BOARD.
262.13 SECURITY OFFICERS AT INSTITUTIONS AS PEACE OFFICERS.
262.14 LOANS -- CONDITIONS -- OTHER INVESTMENTS.
262.15 FORECLOSURES AND COLLECTIONS.
262.16 SATISFACTION OF MORTGAGES.
262.17 BIDDING IN PROPERTY.
262.18 DEEDS IN TRUST.
262.19 ACTIONS NOT BARRED.
262.20 BUSINESS OFFICES -- VISITATION.
262.21 ANNUITY CONTRACTS.
262.22 DIRECTOR'S REPORT.
262.23 DUTIES OF TREASURER.
262.24 REPORTS OF EXECUTIVE OFFICERS.
262.25 REPORTS OF SECRETARIAL OFFICERS.
262.25A PURCHASE OF AUTOMOBILES.
262.25B PURCHASE OF BIO-BASED HYDRAULIC FLUIDS, GREASES, AND OTHER INDUSTRIAL LUBRICANTS.
262.25C PURCHASE OF DESIGNATED BIOBASED PRODUCTS.
262.26 REPORT OF BOARD.
262.27 COLONEL OF CADETS -- GOVERNOR'S AWARD.
262.28 APPROPRIATIONS -- MONTHLY INSTALLMENTS.
262.29 EXPENSES -- FILING AND AUDIT.
262.30 CONTRACTS FOR TRAINING TEACHERS.
262.31 PAYMENT.
262.32 CONTRACT -- TIME LIMIT.
262.33 FIRE PROTECTION CONTRACTS.
262.33A FIRE AND ENVIRONMENTAL SAFETY -- REPORT -- EXPENDITURES.
262.34 IMPROVEMENTS -- ADVERTISEMENT FOR BIDS -- DISCLOSURES -- PAYMENTS.
262.34A BID REQUESTS AND TARGETED SMALL BUSINESS PROCUREMENT.
262.34B STUDENT FEE COMMITTEE.
262.35 DORMITORIES AT STATE EDUCATIONAL INSTITUTIONS.
262.36 PURCHASE OR CONDEMNATION OF PROPERTY.
262.37 TITLE TO PROPERTY.
262.38 BORROWING MONEY AND MORTGAGING PROPERTY.
262.39 NATURE OF OBLIGATION -- DISCHARGE.
262.40 LIMITATION ON DISCHARGING OBLIGATIONS.
262.41 EXEMPTION FROM TAXATION.
262.42 LIMITATION ON FUNDS.
262.43 STUDENTS RESIDING ON STATE-OWNED LAND.
262.44 AREAS SET ASIDE FOR IMPROVEMENT.
262.45 PURCHASE OR CONDEMNATION OF REAL ESTATE.
262.46 TITLE IN NAME OF STATE.
262.47 FEES AND CHARGES FROM STUDENTS.
262.48 BORROWING MONEY AND PLEDGE OF REVENUE.
262.49 NO OBLIGATION AGAINST STATE.
262.50 PROHIBITED USE OF FUNDS.
262.51 TAX EXEMPTION.
262.52 NO STATE FUNDS LOANED.
262.53 CONSTRUCTION OF STATUTES.
262.54 COMPUTER SALES.
262.55 DEFINITIONS.
262.56 AUTHORIZATION -- CONTRACTS -- TITLE.
262.57 BONDS OR NOTES.
262.58 RATES AND TERMS OF BONDS OR NOTES.
262.59 REFUNDING.
262.60 RATES, FEES AND RENTALS -- PLEDGE.
262.61 ACCOUNTS.
262.62 NO OBLIGATION AGAINST STATE.
262.63 WHO MAY INVEST.
262.64 FEDERAL OR OTHER AID ACCEPTED.
262.64A REPORTS TO GENERAL ASSEMBLY.
262.65 ALTERNATIVE METHOD.
262.66 PRIOR ACTION LEGALIZED.
262.67 APPROVAL OF EXECUTIVE COUNCIL.
262.68 SPEED LIMIT ON INSTITUTIONAL GROUNDS.
262.69 TRAFFIC CONTROL AND PARKING.
262.70 EDUCATION, PREVENTION, AND RESEARCH PROGRAMS IN MENTAL HEALTH AND DISABILITY SERVICES.
262.71 CENTER FOR EARLY DEVELOPMENT EDUCATION.
262.72 THROUGH 262.74
262.75 INCENTIVES FOR COOPERATING TEACHERS.
262.76 AND 262.77
262.78 CENTER FOR AGRICULTURAL HEALTH AND SAFETY.
262.79 AND 262.80
262.81 LEGISLATIVE INTENT.
262.82 REGENTS' MINORITY AND WOMEN EDUCATORS ENHANCEMENT PROGRAM.
262.83 THROUGH 262.90
262.91 LEGISLATIVE INTENT.
262.92 COLLEGE-BOUND PROGRAM.
262.93 REPORTS TO GENERAL ASSEMBLY.
262.94 THROUGH 262.99
262.100 INNOVATIVE SCHOOL CALENDAR PILOT PROGRAM -- SCHOOL FOR THE DEAF.



        

262.1 MEMBERSHIP. The state board of regents consists of nine members, eight of whom shall be selected from the state at large solely with regard to their qualifications and fitness to discharge the duties of the office. The ninth member shall be a student enrolled on a full-time basis in good standing at either the graduate or undergraduate level at one of the institutions listed in section 262.7, subsection 1, 2, or 3, at the time of the member's appointment. Not more than five members shall be of the same political party.

         Section History: Early Form

         [S13, § 2682-c, -d; C24, 27, 31, 35, 39, § 3912; C46, 50, 54,
      58, 62, 66, 71, 73, 75, 77, 79, 81, § 262.1] 

         Section History: Recent Form

         88 Acts, ch 1260, § 1
         Referred to in § 262.2, 262.6
        

262.2 APPOINTMENT -- TERM OF OFFICE. The members shall be appointed by the governor subject to confirmation by the senate. Prior to appointing the ninth member as specified in section 262.1, the governor shall consult with the appropriate student body government at the institution at which the proposed appointee is enrolled. The term of each member of the board shall be for six years, unless the ninth member, appointed in accordance with section 262.1, graduates or is no longer enrolled at an institution of higher education under the board's control, at which time the term of the ninth member shall expire one year from the date on which the member graduates or is no longer enrolled in an institution of higher education under the board's control. However, if within that year the ninth member reenrolls in any institution of higher education under the board's control on a full-time basis and is a student in good standing at either the graduate or undergraduate level, the term of the ninth member shall continue in effect. The terms of three members of the board shall begin and expire in each odd-numbered year as provided in section 69.19.

         Section History: Early Form

         [S13, § 2682-d; C24, 27, 31, 35, 39, § 3913, 3914; C46, 50,
      54, 58, 62, 66, 71, 73, 75, 77, 79, § 262.2, 262.3; C81, § 262.2; 81
      Acts, ch 86, § 1] 

         Section History: Recent Form

         2004 Acts, ch 1047, §1
         Confirmation, see § 2.32
        

262.3 Repealed by 80 Acts, ch 1010, § 86.

262.4 REMOVALS. The governor, with the approval of a majority of the senate during a session of the general assembly, may remove any member of the board for malfeasance in office, or for any cause which would render the member ineligible for appointment or incapable or unfit to discharge the duties of office, and the member's removal, when so made, shall be final.

         Section History: Early Form

         [S13, § 2682-d; C24, 27, 31, 35, 39, § 3916; C46, 50, 54, 58,
      62, 66, 71, 73, 75, 77, 79, 81, § 262.4]
        

262.5 SUSPENSION. When the general assembly is not in session, the governor may suspend any member so disqualified and shall appoint another to fill the vacancy thus created, subject to the approval of the senate when next in session.

         Section History: Early Form

         [S13, § 2682-d; C24, 27, 31, 35, 39, § 3917; C46, 50, 54, 58,
      62, 66, 71, 73, 75, 77, 79, 81, § 262.5]
        

262.6 VACANCIES. Vacancies shall be filled in the same manner in which regular appointments are required to be made. If the ninth member resigns prior to the expiration of the term, the individual appointed to fill the vacancy shall meet the requirements for the ninth member specified in section 262.1. Other vacancies occurring prior to the expiration of the ninth member's term shall be filled in the same manner as the original appointments for those vacancies.

         Section History: Early Form

         [S13, § 2682-d; C24, 27, 31, 35, 39, § 3918; C46, 50, 54, 58,
      62, 66, 71, 73, 75, 77, 79, 81, § 262.6] 

         Section History: Recent Form

         88 Acts, ch 1260, § 2
         See § 2.32
        

262.7 INSTITUTIONS GOVERNED. The state board of regents shall govern the following institutions: 1. The state university of Iowa, including the university of Iowa hospitals and clinics. 2. The Iowa state university of science and technology, including the agricultural experiment station. 3. The university of northern Iowa. 4. The Iowa braille and sight saving school. 5. The state school for the deaf. 6. The Oakdale campus. 7. The university of Iowa hospitals and clinics' center for disabilities and development.

         Section History: Early Form

         [R60, § 2157, 2158; C73, § 1685, 1686; C97, § 2723; S13, § 2682-c;
      C24, 27, 31, 35, 39, § 3919; C46, 50, 54, 58, 62, 66, 71, 73, 75,
      77, 79, 81, § 262.7] 

         Section History: Recent Form

         2001 Acts, ch 181, §15; 2006 Acts, ch 1051, §3
         Referred to in § 262.1, 262.34B, 262.71
        

262.8 MEETINGS. The board shall meet four times a year. Special meetings may be called by the board, by the president of the board, or by the executive director of the board upon written request of any five members thereof.

         Section History: Early Form

         [S13, § 2682-e; C24, 27, 31, 35, 39, § 3920; C46, 50, 54, 58,
      62, 66, 71, 73, 75, 77, 79, 81, § 262.8] 

         Section History: Recent Form

         2006 Acts, ch 1051, §4
        

262.9 POWERS AND DUTIES. The board shall: 1. Each even-numbered year elect, from its members, a president of the board, who shall serve for two years and until a successor is elected and qualified. 2. Elect a president of each of the institutions of higher learning; a superintendent of each of the other institutions; a treasurer and a secretarial officer for each institution annually; professors, instructors, officers, and employees; and fix their compensation. Sections 279.12 through 279.19 and section 279.27 apply to employees of the Iowa braille and sight saving school and the state school for the deaf, who are licensed pursuant to chapter 272. In following those sections in chapter 279, the references to boards of directors of school districts shall be interpreted to apply to the board of regents. 3. Make rules for admission to and for the government of said institutions, not inconsistent with law. 4. Manage and control the property, both real and personal, belonging to the institutions. 5. Purchase or require the purchase of, when the price is reasonably competitive and the quality as intended, soybean-based inks. All inks purchased that are used internally or are contracted for by the board shall be soybean-based to the extent formulations for such inks are available. a. The department of natural resources shall review the procurement specifications currently used by the board to eliminate, wherever possible, discrimination against the procurement of products manufactured with soybean-based inks. b. The department of natural resources shall assist the board in locating suppliers of recycled content products and soybean-based inks and collecting data on recycled content and soybean-based ink purchases. c. The board, in conjunction with the department of natural resources, shall adopt rules to carry out the provisions of this subsection. d. The department of natural resources shall cooperate with the board in all phases of implementing this subsection. 6. The board shall, whenever technically feasible, purchase and use degradable loose foam packing material manufactured from grain starches or other renewable resources, unless the cost of the packing material is more than ten percent greater than the cost of packing material made from nonrenewable resources. For the purposes of this subsection, "packing material" means material, other than an exterior packing shell, that is used to stabilize, protect, cushion, or brace the contents of a package. 7. Purchase and use recycled printing and writing paper, with the exception of specialized paper when no recyclable product is available, in accordance with the schedule established in section 8A.315; establish a wastepaper recycling program for all institutions governed by the board in accordance with recommendations made by the department of natural resources and the requirements of section 8A.329; shall, in accordance with the requirements of section 8A.311, require product content statements and compliance with requirements regarding procurement specifications; and shall comply with the requirements for the purchase of lubricating oils and industrial oils as established pursuant to section 8A.316. 8. Acquire real estate for the proper uses of institutions under its control, and dispose of real estate belonging to the institutions when not necessary for their purposes. The disposal of real estate shall be made upon such terms, conditions, and consideration as the board may recommend. If real estate subject to sale has been purchased or acquired from appropriated funds, the proceeds of such sale shall be deposited with the treasurer of state and credited to the general fund of the state. There is hereby appropriated from the general fund of the state a sum equal to the proceeds so deposited and credited to the general fund of the state to the state board of regents, which may be used to purchase other real estate and buildings and for the construction and alteration of buildings and other capital improvements. All transfers shall be by state patent in the manner provided by law. The board is also authorized to grant easements for rights-of-way over, across, and under the surface of public lands under its jurisdiction when in the board's judgment such easements are desirable and will benefit the state of Iowa. 9. Accept and administer trusts and may authorize nonprofit foundations acting solely for the support of institutions governed by the board to accept and administer trusts deemed by the board to be beneficial. Notwithstanding the provisions of section 633.63, the board and such nonprofit foundations may act as trustee in such instances. 10. Direct the expenditure of all appropriations made to said institutions, and of any other moneys belonging thereto, but in no event shall the perpetual funds of the Iowa state university of science and technology, nor the permanent funds of the university of Iowa derived under Acts of Congress, be diminished. 11. Collect the highest rate of interest, consistent with safety, obtainable on daily balances in the hands of the treasurer of each institution. 12. With consent of the inventor and in the discretion of the board, secure letters patent or copyright on inventions of students, instructors, and officials, or take assignment of such letters patent or copyright and may make all necessary expenditures in regard thereto. The letters patent or copyright on inventions when so secured shall be the property of the state, and the royalties and earnings thereon shall be credited to the funds of the institution in which such patent or copyright originated. 13. Perform all other acts necessary and proper for the execution of the powers and duties conferred by law upon it. 14. Grant leaves of absence with full or partial compensation to staff members to undertake approved programs of study, research, or other professional activity which in the judgment of the board will contribute to the improvement of the institutions. Any staff member granted such leave shall agree either to return to the institution granting such leave for a period of not less than two years or to repay to the state of Iowa such compensation as the staff member shall have received during such leave. 15. Lease properties and facilities, either as lessor or lessee, for the proper use and benefit of said institutions upon such terms, conditions, and considerations as the board deems advantageous, including leases with provisions for ultimate ownership by the state of Iowa, and to pay the rentals from funds appropriated to the institution for operating expenses thereof or from such other funds as may be available therefor. 16. In its discretion employ or retain attorneys or counselors when acting as a public employer for the purpose of carrying out collective bargaining and related responsibilities provided for under chapter 20. This subsection shall supersede the provisions of section 13.7. 17. a. In its discretion, adopt rules relating to the classification of students enrolled in institutions of higher education under the board who are residents of Iowa's sister states as residents or nonresidents for fee purposes. b. (1) Adopt rules to classify as residents for purposes of undergraduate tuition and mandatory fees, qualified veterans and qualified military persons and their spouses and dependent children who are domiciled in this state while enrolled in an institution of higher education under the board. A spouse or dependent child of a military person or veteran shall not be deemed a resident under this paragraph "b" unless the qualified military person or qualified veteran meets the requirements of subparagraph (2), subparagraph division (b) or (c), as appropriate. (2) For purposes of this paragraph "b", unless the context otherwise requires: (a) "Dependent child" means a student who was claimed by a qualified military person or qualified veteran as a dependent on the qualified military person's or qualified veteran's internal revenue service tax filing for the previous tax year. (b) "Qualified military person" means a person on active duty in the military service of the United States who is stationed at Rock Island arsenal. If the qualified military person is transferred, deployed, or restationed while the person's spouse or child is enrolled in an institution of higher education under the control of the board, the spouse or child shall continue to be classified as a resident until the close of the fiscal year in which the spouse or child is enrolled. (c) "Qualified veteran" means a person who meets the following requirements: (i) Is eligible for benefits, or has exhausted the benefits, under the federal Post-9/11 Veterans Educational Assistance Act of 2008. (ii) Is domiciled in this state. 18. In issuing bonds or notes under this chapter, chapter 262A, chapter 263A, or other provision of law, select and fix the compensation for, through a competitive selection procedure, attorneys, accountants, financial advisors, banks, underwriters, insurers, and other employees and agents which in the board's judgment are necessary to carry out the board's intention. Prior to the initial selection, the board shall establish a procedure which provides for a fair and open selection process including but not limited to the opportunity to present written proposals and personal interviews. The board shall maintain a list of firms which have requested to be notified of requests for proposal. The selection criteria shall take into consideration, but are not limited to, compensation, expenses, experience with similar issues, scheduling, ability to provide the services of individuals with specific knowledge in the relevant subject matter and length of engagement. The board may waive the requirements for a competitive selection procedure for any specific employment upon adoption of a resolution of the board stating why the waiver is in the public interest and shall provide the executive council with written notice of the granting of any such waiver. 19. a. Not less than thirty days prior to action by the board on any proposal to increase tuition, fees, or charges at one or more of the institutions of higher education under its control, send written notification of the amount of the proposed increase including a copy of the proposed tuition increase docket memorandum prepared for its consideration to the presiding officers of the student government organization of the affected institutions. The final decision on an increase in tuition or mandatory fees charged to all students at an institution for a fiscal year shall be made at a regular meeting and shall be reflected in a final docket memorandum that states the estimated total cost of attending each of the institutions of higher education under the board's control. The regular meeting shall be held in Ames, Cedar Falls, or Iowa City and shall not be held during a period in which classes have been suspended for university holiday or break. b. Authorize, at its discretion, each institution of higher education to retain the student fees and charges it collects to further the institution's purposes as authorized by the board. Notwithstanding any provision to the contrary, student fees and charges, as defined in section 262A.2, shall not be considered repayment receipts as defined in section 8.2. 20. Adopt policies and procedures for the use of telecommunications as an instructional tool at its institutions. The policies and procedures shall include but not be limited to policies and procedures relating to programs, educational policy, practices, staff development, use of pilot projects, and the instructional application of the technology. 21. Establish a hall of fame for distinguished graduates at the Iowa braille and sight saving school and at the Iowa school for the deaf. 22. Assist a nonprofit organization located in Sioux City in the creation of a tristate graduate center, comparable to the quad cities graduate center, located in the quad cities in Iowa. The purpose of the Sioux City graduate center shall be to create graduate education opportunities for students living in northwest Iowa. 23. Direct the administration of the Iowa minority academic grants for economic success program as established in section 261.101 for the institutions under its control. 24. Develop a policy and adopt rules relating to the establishment of tuition rates which provide a predictable basis for assessing and anticipating changes in tuition rates. 25. Develop a policy requiring oral communication competence of persons who provide instruction to students attending institutions under the control of the board. The policy shall include a student evaluation mechanism which requires student evaluation of persons providing instruction on at least an annual basis. However, the board shall establish criteria by which an institution may discontinue annual evaluations of a specific person providing instruction. The criteria shall include receipt by the institution of two consecutive positive annual evaluations from the majority of students evaluating the person. 26. Develop a policy relating to the teaching proficiency of teaching assistants which provides a teaching proficiency standard, instructional assistance to, and evaluation of persons who provide instruction to students at the higher education institutions under the control of the board. 27. Explore, in conjunction with the department of education, the need for coordination between school districts, area education agencies, state board of regents institutions, and community colleges for purposes of delivery of courses, use of telecommunications, transportation, and other similar issues. Coordination may include but is not limited to coordination of calendars, programs, schedules, or telecommunications emissions. The state board shall develop recommendations as necessary, which shall be submitted in a report to the general assembly on a timely basis. 28. Develop and implement a written policy, which is disseminated during registration or orientation, addressing the following four areas relating to sexual abuse: a. Counseling. b. Campus security. c. Education, including prevention, protection, and the rights and duties of students and employees of the institution. d. Facilitating the accurate and prompt reporting of sexual abuse to the duly constituted law enforcement authorities. 29. Authorize the institutions of higher learning under the board to charge an interest rate, not to exceed the prime rate plus six percent, on delinquent bills. However, the board shall prohibit the institutions from charging interest on late tuition payments and room and board payments if financial aid payments to students enrolled in the institutions are delayed by the lending institution. 30. Direct the institutions of higher education under its control to adopt a policy to offer not less than the following options to a student who is a member of the Iowa national guard or reserve forces of the United States and who is ordered to state military service or federal service or duty: a. Withdraw from the student's entire registration and receive a full refund of tuition and mandatory fees. b. Make arrangements with the student's instructors for course grades, or for incompletes that shall be completed by the student at a later date. If such arrangements are made, the student's registration shall remain intact and tuition and mandatory fees shall be assessed for the courses in full. c. Make arrangements with only some of the student's instructors for grades, or for incompletes that shall be completed by the student at a later date. If such arrangements are made, the registration for those courses shall remain intact and tuition and mandatory fees shall be assessed for those courses. Any course for which arrangements cannot be made for grades or incompletes shall be considered dropped and the tuition and mandatory fees for the course refunded. 31. Develop a policy, not later than August 1, 2003, that each institution of higher education under the control of the board shall approve, institute, and enforce, which prohibits students, faculty, and staff from harassing or intimidating a student or any other person on institution property who is wearing the uniform of, or a distinctive part of the uniform of, the armed forces of the United States. A policy developed in accordance with this subsection shall not prohibit an individual from wearing such a uniform on institution property if the individual is authorized to wear the uniform under the laws of a state or the United States. The policy shall provide for appropriate sanctions. 32. Establish a research triangle, defined by the three institutions of higher learning under the board's control, and clearinghouse for purposes of sharing the projects and results of kindergarten through grade twelve education technology initiatives occurring in Iowa's school districts, area education agencies, community colleges, and other higher education institutions, with the education community within and outside of the state. Dissemination of and access to information regarding planning, financing, curriculum, professional development, preservice training, project implementation strategies, and results shall be centralized to allow school districts from across the state to gain ideas from each other regarding the integration of technology in the classroom. 33. In consultation with the state board for community colleges established pursuant to section 260C.3, establish and enter into a collective statewide articulation agreement with the community colleges established pursuant to chapter 260C, which shall provide for the seamless transfer of academic credits from a completed associate of arts or associate of science degree program offered by a community college to a baccalaureate degree program offered by an institution of higher education governed by the board. The board shall also do the following: a. Require each of the institutions of higher education governed by the board to identify a transfer and articulation contact office or person, publicize transfer and articulation information and the contact office or person, and submit the contact information to the board for publication on its articulation website. b. Develop, in collaboration with the boards of directors of the community colleges, a systematic process for expanding academic discipline and meetings between the community college faculty and faculty of the institutions of higher education governed by the board. The board shall conduct and jointly administer with the boards of directors of the community colleges four program and academic discipline meetings each academic year for the purpose of enhancing alignment between course content and expectations at the community colleges and institutions of higher education governed by the state board of regents. c. Develop criteria to prioritize core curriculum areas and create or review transition guides for the core curriculum areas. d. Include on its articulation website course equivalency and transition guides for each of the institutions of higher education governed by the board. e. Jointly, with the boards of directors of the community colleges, select academic departments in which to articulate first-year and second-year courses through faculty-to-faculty meetings in accordance with paragraph "b". However, course-to-course equivalencies need not occur in an academic discipline when the board and the community colleges jointly determine that course content is incompatible. f. Promote greater awareness of articulation-related activities, including the articulation website maintained by the board and articulation agreements in which the institutions participate. g. Facilitate additional opportunities for individual institutions to pursue program articulation agreements for community college career and technical education programs and programs of study offered by the institutions of higher education governed by the board. h. Develop and implement by January 1, 2012, a process to examine a minimum of eight new community college associate of applied science degree programs for which articulation agreements between the community colleges and the institutions of higher education governed by the board would serve students' continued academic success in those degree programs. i. Prepare, jointly with the department of education and the liaison advisory committee on transfer students, and submit by January 1 annually to the general assembly, an update on the articulation efforts and activities implemented by the community colleges and the institutions of higher education governed by the board. 34. Submit its annual budget request broken down by budget unit. 35. Annually, by October 1, submit in a report to the general assembly the following information for the previous fiscal year: a. Total revenue received from each local school district as a result of high school students enrolled in courses under the postsecondary enrollment options program at the institutions of higher learning under the board's control. b. Unduplicated headcount of high school students enrolled in courses under the postsecondary enrollment options program at the institutions of higher learning under the board's control. c. Total credits earned by high school students enrolled in courses under the postsecondary enrollment options program at the institutions of higher learning under the board's control, broken down by degree program. d. The compensation and benefits paid to the members of the board pursuant to section 7E.6. e. The contracted salary and benefits and any other expenses related to support for governmental affairs efforts, including expenditures for liaisons and lobbying activities for the board and its institutions. f. The contracted salaries, including but not limited to bonus wages and benefits, including but not limited to annuity payments or any other benefit covered using state funds of any kind for administrators of the institutions governed by the board.

         Section History: Early Form

        

1. [S13, § 2682-f; C24, 27, 31, 35, 39, § 3921; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, § 262.9]

2. [R60, § 1739, 2157, 2158, 2162; C73, § 1614, 1685, 1686, 1690; C97, § 2654, 2676, 2723; S13, § 2682-f; C24, 27, 31, 35, 39, § 3921; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, § 262.9]

3. [C97, § 2676; S13, § 2682-f; C24, 27, 31, 35, 39, § 3921; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, § 262.9]

4. [S13, § 2682-f; C24, 27, 31, 35, 39, § 3921; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, § 262.9]

6. [S13, § 2682-f; C24, 27, 31, 35, 39, § 3921; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, § 262.9]

7. [S13, § 2682-f; C24, 27, 31, 35, 39, § 3921; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, § 262.9]

8. [C51, § 1017, 1018; R60, § 1938; C73, § 1599, 1617; C97, § 2638, 2666; S13, § 2682-f; C24, 27, 31, 35, 39, § 3921; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, § 262.9]

9. [C24, 27, 31, 35, 39, § 3921; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, § 262.9]

10. [S13, § 2682-j; C24, 27, 31, 35, 39, § 3921; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, § 262.9]

11. [C35, 39, § 3921; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, § 262.9]

12. [S13, § 2682-f; C24, 27, 31, 35, 39, § 3921; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, § 262.9]

13. [C66, 71, 73, 75, 77, 79, 81, § 262.9]

14. [C66, 71, 73, 75, 77, 79, 81, § 262.9]

15. [C79, 81, § 262.9]

         Section His 86 Acts, ch 1245, § 844; 86 Acts, ch 1246, § 125; 87 Acts, ch 191, § 1; 87 Acts, ch 207, § 6; 87 Acts, ch 233, § 464, 465; 88 Acts, ch 1185, § 2; 88 Acts, ch 1284, § 64; 89 Acts, ch 265, § 40; 89 Acts, ch 272, § 23; 89 Acts, ch 319, § 59; 90 Acts, ch 1237, § 2, 3; 90 Acts, ch 1253, § 24; 91 Acts, ch 29, § 1; 91 Acts, ch 97, § 36; 92 Acts, ch 1095, § 2; 92 Acts, ch 1106, § 2, 4; 92 Acts, ch 1246, § 35; 93 Acts, ch 176, § 39; 94 Acts, ch 1091, §16--20; 94 Acts, ch 1193, §21; 95 Acts, ch 44, § 2; 95 Acts, ch 62, § 3; 96 Acts, ch 1215, § 41--43; 97 Acts, ch 212, §28; 99 Acts, ch 114, §16; 99 Acts, ch 121, §9; 2001 Acts, ch 39, §3; 2003 Acts, ch 145, §230; 2003 Acts, ch 179, §115; 2003 Acts, ch 180, §13; 2003 Acts, 1st Ex, ch 1, §94, 133 [2003 Acts, 1st Ex, ch 1, §94, 133 amendment adding subsection 31 stricken pursuant to Rants v. Vilsack, 684 N.W.2d 193] 2004 Acts, ch 1086, §57; 2004 Acts, ch 1129, §1; 2005 Acts, ch 144, §1; 2005 Acts, ch 179, §82, 149, 150; 2006 Acts, ch 1152, §54, 57; 2007 Acts, ch 214, §32, 44; 2009 Acts, ch 133, §102; 2009 Acts, ch 158, §2; 2009 Acts, ch 168, §3; 2009 Acts, ch 177, §30 Referred to in § 15.108, 260C.14, 266.39F

262.9A PROHIBITION OF CONTROLLED SUBSTANCES. The state board of regents shall adopt a policy that prohibits unlawful possession, use, or distribution of controlled substances by students and employees on property owned or leased by an institution or in conjunction with activities sponsored by an institution governed by the board. Each institution shall provide information about the policy to all students and employees. The policy shall include a clear statement of sanctions for violation of the policy and information about available drug or alcohol counseling and rehabilitation programs. In carrying out this policy, the institutions shall provide substance abuse prevention programs for students and employees.

         Section History: Recent Form

         91 Acts, ch 267, §235
        

262.10 PURCHASES -- PROHIBITIONS. No sale or purchase of real estate shall be made save upon the order of the board, made at a regular meeting, or one called for that purpose, and then in such manner and under such terms as the board may prescribe. No member of the board or any of its committees, offices or agencies, nor any officer of any institution, shall be directly or indirectly interested in such purchase or sale. Purchases of real estate may be made on written contracts providing for payment over a period of years but the obligations thereon shall not constitute a debt or charge against the state of Iowa nor against the funds of the board or the funds of the institution for which said purchases are made. Purchase payments may be made from appropriated capital funds or from other funds lawfully available for that purpose and allocated therefor by the board, or from any combination of the foregoing, but not from appropriated operating funds. All state appropriated capital funds used for any one purchase contract shall be taken entirely from a single capital appropriation and shall be set aside for that purpose. In event of default, the only remedy of the seller shall be against the property itself and the rents and profits thereof, and in no event shall any deficiency judgment be entered or enforced against the state of Iowa, the board, or the institution for which the purchase was made. Provided, however, that no part of the tuition fees shall be used in the purchase of such real estate.

         Section History: Early Form

         [C24, 27, 31, 35, 39, § 3922; C46, 50, 54, 58, 62, 66, 71, 73,
      75, 77, 79, 81, § 262.10] 

         Section History: Recent Form

         2005 Acts, ch 179, §151
        

262.11 RECORD -- ACTS AFFECTING PROPERTY. All acts of the board relating to the management, purchase, disposition, or use of lands and other property of said institutions shall be entered of record, which shall show the members present, and how each voted upon each proposition. The board may, in its discretion, delegate to each university the authority to approve leases.

         Section History: Early Form

         [S13, § 2682-h; C24, 27, 31, 35, 39, § 3923; C46, 50, 54, 58,
      62, 66, 71, 73, 75, 77, 79, 81, § 262.11] 

         Section History: Recent Form

         2006 Acts, ch 1051, §5
        

262.12 COMMITTEES AND ADMINISTRATIVE OFFICES UNDER BOARD. The board of regents shall also have and exercise all the powers necessary and convenient for the effective administration of its office and of the institutions under its control, and to this end may create such committees, offices and agencies from its own members or others, and employ persons to staff the same, fix their compensation and tenure and delegate thereto, or to the administrative officers and faculty of the institutions under its control, such part of the authority and duties vested by statute in the board, and shall formulate and establish such rules, outline such policies and prescribe such procedures therefor, all as may be desired or determined by the board as recorded in their minutes.

         Section History: Early Form

         [S13, § 2682-h; C24, 27, 31, 35, 39, § 3924; C46, 50, 54, 58,
      62, 66, 71, 73, 75, 77, 79, 81, § 262.12]
        

262.13 SECURITY OFFICERS AT INSTITUTIONS AS PEACE OFFICERS. The board may authorize any institution under its control to commission one or more of its employees as special security officers. Special security officers shall have the powers, privileges, and immunities of regular peace officers when acting in the interests of the institution by which they are employed. The board shall provide as rapidly as practicable for the adequate training of such special security officers at the Iowa law enforcement academy or in an equivalent training program, unless they have already received such training.

         Section History: Early Form

         [C71, 73, 75, 77, 79, 81, § 262.13]
         Referred to in § 321.89, 801.4
        

262.14 LOANS -- CONDITIONS -- OTHER INVESTMENTS. The board may invest funds belonging to the institutions, subject to chapter 12F and the following regulations: 1. Each loan shall be secured by a mortgage paramount to all other liens upon approved farm lands in this state, accompanied by abstract showing merchantable title in the borrower. The loan shall not exceed sixty-five percent of the cash value of the land, exclusive of buildings. 2. Each such loan if for a sum more than one-fourth of the value of the farm shall be on the basis of stipulated annual principal reductions. 3. a. Any portion of the funds may be invested by the board. In the investment of the funds, the board shall exercise the judgment and care, under the circumstances then prevailing, which persons of prudence, discretion and intelligence exercise in their own affairs as provided in chapter 633A, subchapter IV, part 3. b. The board shall give appropriate consideration to those facts and circumstances that the board knows or should know are relevant to the particular investment involved, including the role the investment plays in the total value of the board's funds. c. For the purposes of this subsection, appropriate consideration includes, but is not limited to, a determination by the board that the particular investment is reasonably designed to further the purposes prescribed by law to the board, taking into consideration the risk of loss and the opportunity for gain or other return associated with the investment and consideration of the following factors as they relate to the funds of the board: (1) The composition of the funds of the board with regard to diversification. (2) The liquidity and current return of the investments relative to the anticipated cash flow requirements. (3) The projected return of the investments relative to the funding objectives of the board. d. The board shall have a written investment policy, the goal of which is to provide for the financial health of the institutions governed by the board. The board shall establish investment practices that preserve principal, provide for liquidity sufficient for anticipated needs, and maintain purchasing power of investable assets of the board and its institutions. The policy shall also include a list of authorized investments, maturity guidelines, procedures for selecting and approving investment managers and other investment professionals as described in section 11.2, subsection 2, and provisions for regular and frequent oversight of investment decisions by the board, including audit. The board shall make available to the auditor of state and treasurer of state the most recent annual report of any investment entity or investment professional employed by an institution governed by the board. The investment policy shall cover investments of endowment and nonendowment funds. e. Consistent with this subsection, investments made under this subsection shall be made in a manner that will enhance the economy of this state, and in particular, will result in increased employment of the residents of this state. 4. Any gift accepted by the Iowa state board of regents for the use and benefit of any institution under its control may be invested in securities designated by the donor, but whenever such gifts are accepted and the money invested according to the request of the said donor, neither the state, the Iowa state board of regents, nor any member thereof, shall be liable therefor or on account thereof. 5. A register containing a complete abstract of each loan and investment, and showing its actual condition, shall be kept by the board and be at all times open to inspection. 6. All loans made under the provisions of this section shall have an interest rate of not less than three and one-half percent per annum.

         Section History: Early Form

        

1. [C51, § 1018; R60, § 1938; C73, § 1599; C97, § 2638; S13, § 2682-s; C24, 27, 31, 35, 39, § 3926; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, § 262.14]

2. [S13, § 2682-s; C24, 27, 31, 35, 39, § 3926; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, § 262.14]

3. [R60, § 1938; C73, § 1599, 1617; C97, § 2638, 2666; C24, 27, 31, 35, 39, § 3926; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, § 262.14]

4. [C31, 35, 39, § 3926; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, § 262.14]

5. [S13, § 2682-s; C24, 27, 31, 35, 39, § 3926; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, § 262.14]

6. [C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, § 262.14]

         Section History: Recent Form

         85 Acts, ch 190, § 4; 85 Acts, ch 227, § 8; 92 Acts, ch 1156, §
      10; 94 Acts, ch 1001, §4; 99 Acts, ch 125, §103, 109; 2005 Acts, ch
      38, § 55; 2007 Acts, ch 39, §11
        

262.15 FORECLOSURES AND COLLECTIONS. The board shall have charge of the foreclosure of all mortgages and of all collections from delinquent debtors to said institutions. All actions shall be in the name of the state board of regents, for the use and benefit of the appropriate institution.

         Section History: Early Form

         [SS15, § 2682-t; C24, 27, 31, 35, 39, § 3927; C46, 50, 54, 58,
      62, 66, 71, 73, 75, 77, 79, 81, § 262.15]
        

262.16 SATISFACTION OF MORTGAGES. When loans are paid, the board shall release mortgages securing the same as follows: 1. By a satisfaction piece signed and acknowledged by the treasurer of the institution to which the loan belongs, which shall be recorded in the office of the recorder of the county where said mortgage is of record; or 2. By entering a satisfaction thereof on the margin of the record of said mortgage, dated, and signed by the treasurer of the institution to which the loan belongs.

         Section History: Early Form

         [SS15, § 2682-t; C24, 27, 31, 35, 39, § 3928; C46, 50, 54, 58,
      62, 66, 71, 73, 75, 77, 79, 81, § 262.16]
        

262.17 BIDDING IN PROPERTY. In case of a sale upon execution, the premises may be bid off in the name of the board of regents, for the benefit of the institution to which the loan belongs.

         Section History: Early Form

         [SS15, § 2682-t; C24, 27, 31, 35, 39, § 3929; C46, 50, 54, 58,
      62, 66, 71, 73, 75, 77, 79, 81, § 262.17]
        

262.18 DEEDS IN TRUST. Deeds for premises so acquired shall be held for the benefit of the appropriate institution and such lands shall be subject to lease or sale the same as other lands.

         Section History: Early Form

         [SS15, § 2682-t; C24, 27, 31, 35, 39, § 3930; C46, 50, 54, 58,
      62, 66, 71, 73, 75, 77, 79, 81, § 262.18]
        

262.19 ACTIONS NOT BARRED. No lapse of time shall be a bar to any action to recover on any loan made on behalf of any institution.

         Section History: Early Form

         [C97, § 2637; C24, 27, 31, 35, 39, § 3931; C46, 50, 54, 58,
      62, 66, 71, 73, 75, 77, 79, 81, § 262.19]
        

262.20 BUSINESS OFFICES -- VISITATION. A business office shall be maintained at each of the institutions of higher learning, with such organizations, powers and duties as the board may prescribe and delegate.

         Section History: Early Form

         [S13, § 2682-k; C24, 27, 31, 35, 39, § 3932; C46, 50, 54, 58,
      62, 66, 71, 73, 75, 77, 79, 81, § 262.20]
        

262.21 ANNUITY CONTRACTS. At the request of an employee through contractual agreement the board may arrange for the purchase of group or individual annuity contracts for any of its employees, which annuity contracts are issued by a nonprofit corporation issuing retirement annuities exclusively for educational institutions and their employees or are purchased from any company the employee chooses that is authorized to do business in this state or through an Iowa-licensed salesperson that the employee selects, on a group or individual basis, for retirement or other purposes, and may make payroll deductions in accordance with the arrangements for the purpose of paying the entire premium due and to become due under the contract. The deductions shall be made in the manner which will qualify the annuity premiums for the benefits under section 403(b) of the Internal Revenue Code, as defined in section 422.3. The employee's rights under the annuity contract are nonforfeitable except for the failure to pay premiums. As used in this section, unless the context otherwise requires, "annuity contract" includes any custodial account which meets the requirements of section 403(b)(7) of the Internal Revenue Code, as defined in section 422.3. Whenever an existing tax-sheltered annuity contract is to be replaced by a new contract the agent or representative of the company shall submit a letter of intent to the company being replaced, to the commissioner of insurance, and to the agent's or representative's own company at least thirty days prior to any action. Each required letter of intent shall be sent by registered mail. This letter of intent shall contain the policy number and description of the contract being replaced and a description of the replacement contract.

         Section History: Early Form

         [C75, 77, 79, 81, § 262.21] 

         Section History: Recent Form

         86 Acts, ch 1213, § 4; 91 Acts, ch 40, §2; 94 Acts, ch 1183, §62
        

262.22 DIRECTOR'S REPORT. The director of the department of administrative services shall include in the director's report to the governor the amount paid for services and expenses of officers and employees of the board of regents and to whom paid.

         Section History: Early Form

         [S13, § 2682-q; C24, 27, 31, 35, 39, § 3934; C46, 50, 54, 58,
      62, 66, 71, 73, 75, 77, 79, 81, § 262.22] 

         Section History: Recent Form

         2003 Acts, ch 145, §286
        

262.23 DUTIES OF TREASURER. The treasurer of each of said institutions shall: 1. Receive all appropriations made by the general assembly for said institution, and all other funds from all other sources, belonging to said institution. 2. Pay out said funds on order of the board of regents, or of such committee or official as it designates, on bills duly audited in accordance with the rules prescribed by said board. 3. Retain all bills, so paid by the treasurer, with receipts for their payment as vouchers. 4. Keep an accurate account of all revenue and expenditures of said institution, so that the receipts and disbursements of each of its several departments shall be apparent at all times. 5. Annually, and at such other times as the board may require, report to it said receipts and disbursements in detail.

         Section History: Early Form

         [R60, § 1739, 1937; C73, § 1593, 1614; C97, § 2637, 2654; C24, 27,
      31, 35, 39, § 3935; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79,
      81, § 262.23]
        

262.24 REPORTS OF EXECUTIVE OFFICERS. The executive officer of each of said institutions shall, on or before the first day of August of each even-numbered year, make a report to the board, setting forth such observations and recommendations as in the executive officer's judgment are for the benefit of the institution, and also the executive officer's recommendations of a budget for the several colleges and departments of the institution, in detail, and estimates of the amount of funds required therefor for the ensuing biennium.

         Section History: Early Form

         [R60, § 1939, 2149, 2161; C73, § 1600, 1601, 1677, 1694; C97, §
      2641, 2717, 2725; S13, § 2641, 2717; C24, 27, 31, 35, 39, § 3936;
      C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, § 262.24]
        

262.25 REPORTS OF SECRETARIAL OFFICERS. The secretarial officer shall, for the institution of which the officer acts as secretary, on or before August 1 of each year, report to the board in such detail and form as it may prescribe: 1. The funds available each fiscal year from all sources for the erection, equipment, improvement, and repair of buildings. 2. Interest on endowment and other funds, tuition, state appropriations, laboratory and janitor fees, donations, rents, and income from all sources affecting the annual income of the support funds of said institution. 3. How the funds so received were expended, giving under separate heads the cost of instruction, administration, maintenance and equipment of departments, and the general expense of the institution. 4. The number of professors, instructors, fellows, and tutors, and the number of students enrolled in each course during each year, stating separately the number of students attending short courses. 5. The amount of unexpended balances of departments remaining in the hands of the treasurer, and the amounts undrawn from the state treasury on June 30 of each year. The report for the Iowa state university of science and technology shall also show the receipts of the experiment station from all sources for each fiscal year, and how the same were expended.

         Section History: Early Form

         [S13, § 2682-b; C24, 27, 31, 35, 39, § 3937; C46, 50, 54, 58,
      62, 66, 71, 73, 75, 77, 79, 81, § 262.25]
        

262.25A PURCHASE OF AUTOMOBILES. 1. Institutions under the control of the state board of regents shall purchase only new automobiles which have at least the fuel economy required for purchase of new automobiles by the director of the department of administrative services under section 8A.362, subsection 4. This subsection does not apply to automobiles purchased for law enforcement purposes. 2. A gasoline-powered motor vehicle purchased by the institutions shall not operate on gasoline other than ethanol blended gasoline as defined in section 214A.1, unless under emergency circumstances or if to do so would result in the use of a percentage of ethanol blended gasoline higher than recommended by the vehicle manufacturer or would result in a violation of the vehicle's manufacturer warranty. A diesel-powered motor vehicle purchased by the institutions shall not operate on diesel fuel other than biodiesel fuel as defined in section 214A.1, if commercially available, unless to do so would result in the use of a percentage of biodiesel not recommended by the vehicle manufacturer or would result in violation of the vehicle's manufacturer warranty, or under emergency circumstances. A state-issued credit card shall not be used to purchase gasoline other than ethanol blended gasoline if commercially available or to purchase diesel fuel other than biodiesel fuel if commercially available. The motor vehicle shall also be affixed with a brightly visible sticker which notifies the traveling public that the motor vehicle is being operated on ethanol blended gasoline or biodiesel fuel, as applicable. However, the sticker is not required to be affixed to an unmarked vehicle used for purposes of providing law enforcement or security. 3. a. Of all new passenger vehicles and light pickup trucks purchased by or under the direction of the state board of regents, a minimum of ten percent of all such vehicles and trucks purchased shall be equipped with engines which utilize alternative methods of propulsion, including but not limited to any of the following: (1) A flexible fuel which is any of the following: (a) E-85 gasoline as provided in section 214A.2. (b) B-20 biodiesel blended fuel as provided in section 214A.2. (c) A renewable fuel approved by the office of renewable fuels and coproducts pursuant to section 159A.3. (2) Compressed or liquefied natural gas. (3) Propane gas. (4) Solar energy. (5) Electricity. b. The provisions of this subsection do not apply to vehicles and trucks purchased and directly used for law enforcement or off-road maintenance work.

         Section History: Recent Form

         89 Acts, ch 297, § 4; 91 Acts, ch 254, §15; 93 Acts, ch 26, § 4;
      94 Acts, ch 1119, §26; 94 Acts, ch 1199, §65; 98 Acts, ch 1119, §25;
      98 Acts, ch 1164, §40; 2003 Acts, ch 145, §231; 2006 Acts, ch 1142,
      §63, 64; 2007 Acts, ch 22, §63; 2008 Acts, ch 1169, §38, 42
        

262.25B PURCHASE OF BIO-BASED HYDRAULIC FLUIDS, GREASES, AND OTHER INDUSTRIAL LUBRICANTS. The state board of regents and institutions under the control of the board purchasing hydraulic fluids, greases, and other industrial lubricants shall give preference to purchasing bio-based hydraulic fluids, greases, and other industrial lubricants as provided in section 8A.316.

         Section History: Recent Form

         98 Acts, ch 1082, §5; 2000 Acts, ch 1109, §5; 2003 Acts, ch 145,
      §232
        

262.25C PURCHASE OF DESIGNATED BIOBASED PRODUCTS. The state board of regents and institutions under the control of the board purchasing products shall give preference to purchasing designated biobased products in the same manner as provided in section 8A.317.

         Section History: Recent Form

         2008 Acts, ch 1104, §5
        

262.26 REPORT OF BOARD. The board shall, biennially, at the time provided by law, report to the governor and the legislature such facts, observations, and conclusions respecting each of such institutions as in the judgment of the board should be considered by the legislature. Such report shall contain an itemized account of the receipts and expenditures of the board, and also the reports made to the board by the executive officers of the several institutions or a summary thereof, and shall submit budgets for biennial appropriations deemed necessary and proper to be made for the support of the several institutions and for the extraordinary and special expenditures for buildings, betterments, and other improvements.

         Section History: Early Form

         [R60, § 1939; C73, § 1600, 1601; C97, § 2641, 2680; S13, § 2641,
      2680, 2682-u; C24, 27, 31, 35, 39, § 3938; C46, 50, 54, 58, 62,
      66, 71, 73, 75, 77, 79, 81, § 262.26]
        

262.27 COLONEL OF CADETS -- GOVERNOR'S AWARD. The commandant and instructor of military science and tactics at each of the institutions for higher learning is given the rank of colonel of cadets, and the governor shall issue such commission upon the request of the president of such institution. The governor of Iowa is hereby authorized to annually confer an appropriate award to any outstanding reserve officer training corps cadet or cadets at each university. Such award shall be on behalf of the people of the state of Iowa.

         Section History: Early Form

         [S13, § 2644-c; C24, 27, 31, 35, 39, § 3939; C46, 50, 54, 58,
      62, 66, 71, 73, 75, 77, 79, 81, § 262.27]
        

262.28 APPROPRIATIONS -- MONTHLY INSTALLMENTS. All appropriations made payable annually to each of the institutions under the control of the board of regents shall be paid in twelve equal monthly installments on the last day of each month on order of said board.

         Section History: Early Form

         [S13, § 2682-y; C24, 27, 31, 35, 39, § 3940; C46, 50, 54, 58,
      62, 66, 71, 73, 75, 77, 79, 81, § 262.28]
         Referred to in § 249J.24
        

262.29 EXPENSES -- FILING AND AUDIT. Repealed by 2006 Acts, ch 1051, § 10.

262.30 CONTRACTS FOR TRAINING TEACHERS. The board of directors of any school district in the state of Iowa may enter into contract with the state board of regents for furnishing instruction to pupils of such school district, and for training teachers for the schools of the state in such particular lines of demonstration and instruction as are deemed necessary for the efficiency of the university of northern Iowa, state university of Iowa, and Iowa state university of science and technology as training schools for teachers.

         Section History: Early Form

         [C24, 27, 31, 35, 39, § 3942; C46, 50, 54, 58, 62, 66, 71, 73,
      75, 77, 79, 81, § 262.30]
        

262.31 PAYMENT. The contract for such instruction shall authorize the payment for such service furnished the school district or for such service furnished the state, the amount to be agreed upon by the state board of regents and the board of the school district thus cooperating.

         Section History: Early Form


         [C24, 27, 31, 35, 39, § 3943; C46, 50, 54, 58, 62, 66, 71, 73,
      75, 77, 79, 81, § 262.31]
        

262.32 CONTRACT -- TIME LIMIT. Such contracts shall be in writing and shall extend over a period of not to exceed two years, and a copy thereof shall be filed in the office of the administrator of the area education agency.

         Section History: Early Form

         [C24, 27, 31, 35, 39, § 3944; C46, 50, 54, 58, 62, 66, 71, 73,
      75, 77, 79, 81, § 262.32]
        

262.33 FIRE PROTECTION CONTRACTS. The state board of regents shall have power to enter into contracts with the governing body of any city or other municipal corporation for the protection from fire of any property under the control of the board, located in any such municipal corporation or in territory contiguous thereto, upon such terms as may be agreed upon.

         Section History: Early Form

         [C31, 35, § 3944-d1; C39, § 3944.1; C46, 50, 54, 58, 62, 66,
      71, 73, 75, 77, 79, 81, § 262.33]
        

262.33A FIRE AND ENVIRONMENTAL SAFETY -- REPORT -- EXPENDITURES. It is the intent of the general assembly that each institution of higher education under the control of the state board of regents shall, in consultation with the state fire marshal, identify and correct all critical fire and environmental safety deficiencies. Commencing July 1, 1993, each institution under the control of the state board of regents shall expend annually for fire safety and deferred maintenance at least the amount budgeted for these purposes for the fiscal year beginning July 1, 1992, in addition to any moneys appropriated from the general fund for these purposes in succeeding years.

         Section History: Recent Form

         93 Acts, ch 179, §23; 2005 Acts, ch 179, §152
        

262.34 IMPROVEMENTS -- ADVERTISEMENT FOR BIDS -- DISCLOSURES -- PAYMENTS. 1. When the estimated cost of construction, repairs, or improvement of buildings or grounds under charge of the state board of regents exceeds one hundred thousand dollars, the board shall advertise for bids for the contemplated improvement or construction and shall let the work to the lowest responsible bidder. However, if in the judgment of the board bids received are not acceptable, the board may reject all bids and proceed with the construction, repair, or improvement by a method as the board may determine. All plans and specifications for repairs or construction, together with bids on the plans or specifications, shall be filed by the board and be open for public inspection. All bids submitted under this section shall be accompanied by a deposit of money, a certified check, or a credit union certified share draft in an amount as the board may prescribe. 2. Notwithstanding subsection 1, when a delay in undertaking a repair, restoration, or reconstruction of a public improvement might cause serious loss or injury at an institution under the control of the state board of regents, the executive director of the board, or the board, shall make a finding of the need to institute emergency procedures under this subsection. The board by separate action shall approve the emergency procedures to be employed. 3. A bidder awarded a contract shall disclose the names of all subcontractors, who will work on the project being bid, within forty-eight hours after the award of the contract. If a subcontractor named by a bidder awarded a contract is replaced, or if the cost of work to be done by a subcontractor is reduced, the bidder shall disclose the name of the new subcontractor or the amount of the reduced cost. 4. Payments made by the board for the construction of public improvements shall be made in accordance with the provisions of chapter 573 except that: a. Payments may be made without retention until ninety-five percent of the contract amount has been paid. The remaining five percent of the contract amount shall be paid as provided in section 573.14, except that: (1) At any time after all or any part of the work is substantially completed in accordance with paragraph "c", the contractor may request the release of all or part of the retainage owed. Such request shall be accompanied by a waiver of claim rights under the provisions of chapter 573 from any person, firm, or corporation who has, under contract with the principal contractor or with subcontractors, performed labor, or furnished materials, service, or transportation in the construction of that portion of the work for which release of the retainage is requested. (2) Upon receipt of the request, the board shall release all or part of the unpaid funds. Retainage that is approved as payable shall be paid at the time of the next monthly payment or within thirty days, whichever is sooner. If partial retainage is released pursuant to a contractor's request, no retainage shall be subsequently held based on that portion of the work. If within thirty days of when payment becomes due the board does not release the retainage due, interest shall accrue on the retainage amount due as provided in section 573.14 until that amount is paid. (3) If at the time of the request for the retainage there are remaining or incomplete minor items, an amount equal to two hundred percent of the value of each remaining or incomplete item, as determined by the board's authorized contract representative, may be withheld until such item or items are completed. (4) An itemization of the remaining or incomplete items, or the reason that the request for release of the retainage was denied, shall be provided to the contractor in writing within thirty calendar days of the receipt of the request for release of retainage. b. For purposes of this section, "authorized contract representative" means the architect or engineer who is in charge of the project and chosen by the board to represent its interests, or if there is no architect or engineer, then such other contract representative or officer as designated in the contract documents as the party representing the board's interest regarding administration and oversight of the project. c. For purposes of this section, "substantially completed" means the first date on which any of the following occurs: (1) Completion of the project or when the work has been substantially completed in general accordance with the terms and provisions of the contract. (2) The work or the portion designated is sufficiently complete in accordance with the requirements of the contract so the board can occupy or utilize the work for its intended purpose. (3) The project is certified as having been substantially completed by either of the following: (a) The architect or engineer authorized to make such certification. (b) The contracting authority representing the board. 5. The contractor shall release retained funds to the subcontractor or subcontractors in the same manner as retained funds are released to the contractor by the board. Each subcontractor shall pass through to each lower tier subcontractors all retained fund payments from the contractor.

         Section History: Early Form

         [C24, 27, 31, 35, 39, § 3945; C46, 50, 54, 58, 62, 66, 71, 73,
      75, 77, 79, 81, § 262.34; 81 Acts, ch 28, § 6] 

         Section History: Recent Form

         84 Acts, ch 1055, § 5; 90 Acts, ch 1161, § 2; 2005 Acts, ch 179, §
      153; 2006 Acts, ch 1017, §24, 42, 43; 2009 Acts, ch 100, §7, 21
         Referred to in § 262.56, 262A.4, 263A.2, 314.1
        

262.34A BID REQUESTS AND TARGETED SMALL BUSINESS PROCUREMENT. 1. The state board of regents shall request bids and proposals for materials, products, supplies, provisions, and other needed articles to be purchased at public expense, from Iowa state industries as defined in section 904.802, subsection 2, when the articles are available in the requested quantity and at comparable prices and quality. 2. Notwithstanding section 73.16, subsection 2, and due to the high volume of bids issued by the board and the need to coordinate bidding of three institutions of higher learning, the board shall issue electronic bid notices for distribution to the targeted small business internet site through internet links to each of the regents institutions. 3. Notwithstanding section 73.17, the board shall notify the director of the department of economic development of regents institutions' targeted small business purchases on an annual basis.

         Section History: Recent Form

         92 Acts, ch 1246, § 38; 2006 Acts, ch 1051, §6; 2007 Acts, ch 207,
      §11, 18
        

262.34B STUDENT FEE COMMITTEE. 1. A student fee committee composed of five students and five university employees shall be established at each of the universities governed by the board as identified in section 262.7, subsections 1 through 3. The five student members of the student fee committee of each university shall be appointed by the recognized student government organization of each university. The five university employees shall be appointed by the president of the university. 2. The student fee committee shall consider any proposed student activity changes at the university and shall make recommendations concerning student activity fee changes to the president of the affected university for review no later than April 15 of the year which includes the subsequent academic period in which the proposed fee change will take effect. The student fee committee shall provide a copy of its recommendations to the recognized student government organizations at each university and those organizations may review the recommendations and provide comment to the president of the university and the state board of regents. The president of the university shall transmit the recommendations of the student fee committee and the president's endorsement or recommendation to the state board of regents for consideration. The president of the university shall transmit a copy of the president's endorsement or recommendation to the recognized student government organizations for the university. 3. The state board of regents shall make the final decision on student activity fee changes. The state board of regents shall forward a copy of the committee's recommendations, the president's endorsement or recommendation, the recognized student government organization's comments, and its decision regarding student activity fee changes to the chairpersons and ranking members of the joint education appropriations subcommittee. 4. This section does not apply to fees charged for purposes of acquisition or construction of self-liquidating and revenue-producing buildings and facilities under sections 262.35 through 262.42, 262.44 through 262.53, and 262.55 through 262.66; or acquiring, purchasing, leasing, or constructing buildings and facilities under chapter 262A.

         Section History: Recent Form

         92 Acts, ch 1246, § 39
        

262.35 DORMITORIES AT STATE EDUCATIONAL INSTITUTIONS. The state board of regents is authorized to: 1. Erect from time to time at any of the institutions under its control such dormitories as may be required for the good of the institutions. 2. Rent the rooms in such dormitories to the students, officers, guests, and employees of said institutions at such rates as will insure a reasonable return upon the investment. 3. Exercise full control and complete management over such dormitories.

         Section History: Early Form

         [C27, 31, 35, § 3945-a1; C39, § 3945.1; C46, 50, 54, 58, 62,
      66, 71, 73, 75, 77, 79, 81, § 262.35]
         Referred to in § 262.34B, 262A.2
        

262.36 PURCHASE OR CONDEMNATION OF PROPERTY. The erection of such dormitories is a public necessity and said board is vested with full power to purchase or condemn at said institutions, or convenient thereto, all real estate necessary to carry out the powers herein granted.

         Section History: Early Form

         [C27, 31, 35, § 3945-a2; C39, § 3945.2; C46, 50, 54, 58, 62,
      66, 71, 73, 75, 77, 79, 81, § 262.36]
         Referred to in § 262.34B, 262A.2
        

262.37 TITLE TO PROPERTY. The title to all real estate so acquired and the improvements erected thereon shall be taken and held in the name of the state.

         Section History: Early Form


         [C27, 31, 35, § 3945-a3; C39, § 3945.3; C46, 50, 54, 58, 62,
      66, 71, 73, 75, 77, 79, 81, § 262.37]
         Referred to in § 262.34B, 262A.2
        

262.38 BORROWING MONEY AND MORTGAGING PROPERTY. In carrying out the above powers, said board may: 1. Borrow money. 2. Mortgage any real estate so acquired and the improvements erected thereon in order to secure necessary loans. 3. Pledge the rents, profits, and income received from any such property for the discharge of mortgages so executed.

         Section History: Early Form

         [C27, 31, 35, § 3945-a4; C39, § 3945.4; C46, 50, 54, 58, 62,
      66, 71, 73, 75, 77, 79, 81, § 262.38]
         Referred to in § 262.34B, 262A.2
        

262.39 NATURE OF OBLIGATION -- DISCHARGE. No obligation created hereunder shall ever be or become a charge against the state of Iowa but all such obligations, including principal and interest, shall be payable solely: 1. From the net rents, profits, and income arising from the property so pledged or mortgaged, 2. From the net rents, profits, and income which has not been pledged for other purposes arising from any other dormitory or like improvement under the control and management of said board, or 3. From the income derived from gifts and bequests made to the institutions under the control of said board for dormitory purposes.

         Section History: Early Form

         [C27, 31, 35, § 3945-a5; C39, § 3945.5; C46, 50, 54, 58, 62,
      66, 71, 73, 75, 77, 79, 81, § 262.39]
         Referred to in § 262.34B, 262.40, 262A.2
        

262.40 LIMITATION ON DISCHARGING OBLIGATIONS. In discharging obligations under section 262.39 the dormitories at each of said institutions shall be considered as a unit and the rents, profits, and income available for dormitory purposes at one institution shall not be used to discharge obligations created for dormitories at another institution.

         Section History: Early Form

         [C27, 31, 35, § 3945-a6; C39, § 3945.6; C46, 50, 54, 58, 62,
      66, 71, 73, 75, 77, 79, 81, § 262.40]
         Referred to in § 262.34B, 262A.2
        

262.41 EXEMPTION FROM TAXATION. All obligations created hereunder shall be exempt from taxation.

         Section History: Early Form

         [C27, 31, 35, § 3945-a7; C39, § 3945.7; C46, 50, 54, 58, 62,
      66, 71, 73, 75, 77, 79, 81, § 262.41]
         Referred to in § 262.34B, 262A.2, 422.61
        

262.42 LIMITATION ON FUNDS. No state funds shall be loaned or used for this purpose. This shall not apply to funds derived from the net earnings of dormitories now or hereafter owned by the state.

         Section History: Early Form

         [C27, 31, 35, § 3945-a8; C39, § 3945.8; C46, 50, 54, 58, 62,
      66, 71, 73, 75, 77, 79, 81, § 262.42]
         Referred to in § 262.34B, 262A.2
        

262.43 STUDENTS RESIDING ON STATE-OWNED LAND. The state board of regents shall pay to the local school boards the tuition payments and transportation costs, as otherwise authorized by statutes for the elementary or high school education of students residing on land owned by the state and under the control of the state board of regents. Such payments for the three institutions of higher learning, the state university of Iowa, the Iowa state university of science and technology, and the university of northern Iowa, shall be made from the funds of the respective institutions other than state appropriations, and for the two noncollegiate institutions, the Iowa braille and sight saving school and the state school for the deaf, the payments and costs shall be paid from moneys appropriated to the state board of regents.

         Section History: Early Form

         [C54, 58, 62, 66, 71, 73, 75, 77, 79, 81, § 262.43] 

         Section History: Recent Form

         91 Acts, ch 267, §236
        

262.44 AREAS SET ASIDE FOR IMPROVEMENT. The state board of regents is authorized to: 1. Set aside and use portions of the respective campuses of the institutions of higher education under its control, namely, the state university of Iowa, the Iowa state university of science and technology, and the university of northern Iowa, as the board determines are suitable for the acquisition or construction of self-liquidating and revenue producing buildings and facilities which the board deems necessary for the students and suitable for the purposes for which the institutions were established including without limitation: Student unions, recreational buildings, auditoriums, stadiums, field houses, athletic buildings and areas, parking structures and areas, electric, heating, sewage treatment and communication utilities, research equipment and additions to or alterations of existing buildings or structures. 2. Acquire by any lawful means additional land deemed by the board to be desirable and suitable for any or all of the aforesaid purposes. 3. Construct, equip, furnish, maintain, operate, manage and control any or all of the buildings, structures, facilities, areas, additions or improvements hereinbefore enumerated.

         Section History: Early Form

         [C62, 66, 71, 73, 75, 77, 79, 81, § 262.44] 

         Section History: Recent Form

         86 Acts, ch 1246, § 126; 87 Acts, ch 233, § 466, 467
         Referred to in § 262.34B, 262A.2, 265.3
        

262.45 PURCHASE OR CONDEMNATION OF REAL ESTATE. The erection of the buildings, improvements and facilities for the educational institutions of higher learning in this state is a public necessity and the board is vested with full power to purchase or condemn at said institutions, or convenient thereto, all real estate necessary to carry out the powers herein granted.

         Section History: Early Form

         [C62, 66, 71, 73, 75, 77, 79, 81, § 262.45]
         Referred to in § 262.34B, 262A.2, 265.3
        

262.46 TITLE IN NAME OF STATE. The title to all real estate so acquired and the improvements erected thereon shall be taken and held in the name of the state.

         Section History: Early Form


         [C62, 66, 71, 73, 75, 77, 79, 81, § 262.46]
         Referred to in § 262.34B, 262A.2, 265.3
        

262.47 FEES AND CHARGES FROM STUDENTS. When in the opinion of the board of regents, any of the buildings, structures, facilities, property, improvements, equipment, additions or alterations as above authorized are deemed necessary by said board for the comfort, convenience and welfare of the student body as a whole, or for any specified class or part thereof, the board of regents shall have authority to charge and collect, from all students in attendance at the university, college or institution, or from any specified class or part thereof for which such facilities are so deemed necessary, fees and charges for the use and availability of such buildings, facilities, improvements and for the services and benefits made available therefrom. The fees and charges if established shall be applied to the costs of acquisition, construction, maintenance and financing of such improvements.

         Section History: Early Form

         [C62, 66, 71, 73, 75, 77, 79, 81, § 262.47]
         Referred to in § 262.34B, 262A.2, 265.3
        

262.48 BORROWING MONEY AND PLEDGE OF REVENUE. In carrying out the above powers said board may: 1. Borrow money on the credit of the income and revenues to be derived from the operation or use of the building, structure, facility, area or improvement and from fees or charges made by said board to students for whom such facilities are made available and to issue notes, bonds, or other evidence of indebtedness in anticipation of the collection of such income, revenues, fees and charges. 2. Mortgage any real estate so acquired and the improvements erected thereon in order to secure necessary loans. 3. Pledge the rents, profits and income received from any such property for the discharge of the indebtedness. 4. Pledge the proceeds of all fees and charges to students attending the institution for the use or availability of such buildings, structures, areas or facilities for the discharge of the indebtedness.

         Section History: Early Form

         [C62, 66, 71, 73, 75, 77, 79, 81, § 262.48]
         Referred to in § 262.34B, 262A.2, 265.3
        

262.49 NO OBLIGATION AGAINST STATE. No obligation created hereunder shall ever be or become a charge against the state of Iowa but all such obligations, including principal and interest, shall be payable solely: 1. From the net rents, profits and income arising from the property so pledged or mortgaged, 2. From the net rents, profits, and income which has not been pledged for other purposes arising from any similar building, facility, area or improvement under the control and management of said board, 3. From the fees or charges established by said board for students attending the institution for the use or availability of the building, structure, area, facility or improvement for which the obligation was incurred, or 4. From the income derived from gifts and bequests made to the institutions under the control of said board for such purposes.

         Section History: Early Form

         [C62, 66, 71, 73, 75, 77, 79, 81, § 262.49]
         Referred to in § 262.34B, 262.50, 262A.2, 265.3
        

262.50 PROHIBITED USE OF FUNDS. In discharging the obligations under section 262.49 the buildings, structures, areas, facilities and improvements at each of said institutions shall be considered as a unit and the rents, profits and other income available for such purposes at one institution shall not be used to discharge obligations created for similar purposes at another institution.

         Section History: Early Form

         [C62, 66, 71, 73, 75, 77, 79, 81, § 262.50]
         Referred to in § 262.34B, 262A.2, 265.3
        

262.51 TAX EXEMPTION. All obligations created hereunder shall be exempt from taxation, together with the interest thereon.

         Section History: Early Form

         [C62, 66, 71, 73, 75, 77, 79, 81, § 262.51]
         Referred to in § 262.34B, 262A.2, 265.3, 422.61
        

262.52 NO STATE FUNDS LOANED. No state funds shall be loaned for this purpose. This shall not apply to funds derived from the net earnings of such buildings, structures, areas and facilities now or hereafter owned by the state or to funds received from student fees or charges.

         Section History: Early Form

         [C62, 66, 71, 73, 75, 77, 79, 81, § 262.52]
         Referred to in § 262.34B, 262A.2, 265.3
        

262.53 CONSTRUCTION OF STATUTES. This division shall not be construed to repeal, modify or amend any law of this state now in force, but shall be deemed as supplemental thereto, nor shall it prevent the making of state appropriations, in whole or in part, for any of the purposes of this division.

         Section History: Early Form

         [C62, 66, 71, 73, 75, 77, 79, 81, § 262.53]
         Referred to in § 262.34B, 262A.2, 265.3
        

262.54 COMPUTER SALES. Sales, by an institution under the control of the board of regents, of computer equipment, computer software, and computer supplies to students and faculty at the institution are retail sales under chapter 423.

         Section History: Recent Form

         90 Acts, ch 1272, §67; 2003 Acts, 1st Ex, ch 2, §159, 205
        

262.55 DEFINITIONS. The following words or terms, as used in this division, shall have the respective meanings as stated: 1. "Board" shall mean the state board of regents. 2. "Bonds or notes" shall mean revenue bonds or revenue notes which are payable solely and only from net rents, profits and income derived from the operation of residence halls, dormitories, facilities therefor and additions thereto. 3. "Institution" or "institutions" shall mean the state university of Iowa, the Iowa state university of science and technology and the university of northern Iowa. 4. "Project" shall mean the acquisition by purchase, lease or construction of buildings for use as student residence halls and dormitories, including dining and other incidental facilities therefor, and additions to such buildings, the reconstruction, completion, equipment, improvement, repair or remodeling of residence halls, dormitories, or additions thereto or facilities therefor, and the acquisition of property therefor of every kind and description, whether real, personal or mixed, by gift, purchase, lease, condemnation or otherwise and the improvement of the same.

         Section History: Early Form

         [C66, 71, 73, 75, 77, 79, 81, § 262.55]
         Referred to in § 262.34B, 262A.2
        

262.56 AUTHORIZATION -- CONTRACTS -- TITLE. Subject to and in accordance with the provisions of this division the state board of regents is hereby authorized to undertake and carry out any project as hereinbefore defined at the state university of Iowa, Iowa state university of science and technology, and the university of northern Iowa and to operate, control, maintain and manage student residence halls and dormitories, including dining and other incidental facilities, and additions to such buildings at each of said institutions. All contracts for the construction, reconstruction, completion, equipment, improvement, repair or remodeling of any buildings, additions or facilities shall be let in accordance with the provisions of section 262.34. The title to all real estate acquired under the provisions of this division and the improvements erected thereon shall be taken and held in the name of the state of Iowa. The board is authorized to rent the rooms in such residence halls and dormitories to the students, officers, guests and employees of said institutions at such rates, fees or rentals as will provide a reasonable return upon the investment, but which will in any event produce net rents, profits and income sufficient to insure the payment of the principal of and interest on all bonds or notes issued to pay any part of the cost of any project and refunding bonds or notes issued pursuant to the provisions of this division.

         Section History: Early Form

         [C66, 71, 73, 75, 77, 79, 81, § 262.56]
         Referred to in § 262.34B, 262A.2
        

262.57 BONDS OR NOTES. To pay all or any part of the cost of carrying out any project at any institution the board is authorized to borrow money and to issue and sell negotiable bonds or notes and to refund and refinance bonds or notes heretofore issued or as may be hereafter issued for any project or for refunding purposes at a lower rate, the same rate, or a higher rate or rates of interest and from time to time as often as the board shall find it to be advisable and necessary so to do. Such bonds or notes may be sold by said board at public sale in the manner prescribed by chapter 75, but if the board shall find it to be advantageous and in the public interest to do so, such bonds or notes may be sold by the board at private sale without published notice of any kind and without regard to the requirements of chapter 75 in such manner and upon such terms as may be prescribed by the resolution authorizing the same. Bonds or notes issued to refund other bonds or notes heretofore or hereafter issued by the board for residence hall or dormitory purposes at any institution, including dining or other facilities and additions, or heretofore or hereafter issued for refunding purposes, may either be sold in the manner hereinbefore specified and the proceeds thereof applied to the payment of the obligations being refunded, or the refunding bonds or notes may be exchanged for and in payment and discharge of the obligations being refunded, and a finding by the board in the resolution authorizing the issuance of such refunding bonds or notes that the bonds or notes being refunded were issued for a purpose specified in this division and constitute binding obligations of the board shall be conclusive and may be relied upon by any holder of any refunding bond or note issued under the provisions of this division. The refunding bonds or notes may be sold or exchanged in installments at different times or an entire issue or series may be sold or exchanged at one time. Any issue or series of refunding bonds or notes may be exchanged in part or sold in parts in installments at different times or at one time. The refunding bonds or notes may be sold or exchanged at any time on, before, or after the maturity of any of the outstanding notes, bonds, or other obligations to be refinanced thereby and may be issued for the purpose of refunding a like or greater principal amount of bonds or notes, except that the principal amount of the refunding bonds or notes may exceed the principal amount of the bonds or notes to be refunded to the extent necessary to pay any premium due on the call of the bonds or notes to be refunded or to fund interest in arrears or about to become due. All bonds or notes issued under the provision of this division shall be payable solely and only from and shall be secured by an irrevocable pledge of a sufficient portion of (1) the net rents, profits and income derived from the operation of residence halls, dormitories, dining or other incidental facilities and additions, including necessary real and personal property, acquired or improved in whole or in part with the proceeds of such bonds or notes, regardless of the manner of such acquisition or improvement, and (2) the net rents, profits and income not pledged for other purposes derived from the operation of any other residence halls or dormitories, including dining or other incidental facilities and additions, at the particular institution. All bonds or notes issued under the provisions of this division shall have all the qualities of negotiable instruments under the laws of this state.

         Section History: Early Form

         [C66, 71, 73, 75, 77, 79, 81, § 262.57] 

         Section History: Recent Form

         2005 Acts, ch 179, § 154
         Referred to in § 262.34B, 262A.2
        

262.58 RATES AND TERMS OF BONDS OR NOTES. Such bonds or notes may bear such date or dates, may bear interest at such rate or rates, payable semiannually, may mature at such time or times, may be in such form, carry such registration privileges, may be payable at such place or places, may be subject to such terms of redemption prior to maturity with or without premium, if so stated on the face thereof, and may contain such terms and covenants all as may be provided by the resolution of the board authorizing the issuance of the bonds or notes. In addition to the estimated cost of construction, the cost of the project shall be deemed to include interest upon the bonds or notes during construction and for six months after the estimated completion date, the compensation of a fiscal agent or adviser, and engineering, administrative and legal expenses. Such bonds or notes shall be executed by the president of the state board of regents and attested by the executive director of the state board of regents, secretary, or other official thereof performing the duties of the executive director of the state board of regents, and the coupons thereto attached shall be executed with the original or facsimile signatures of said president, executive director, secretary, or other official. Any bonds or notes bearing the signatures of officers in office on the date of the signing thereof shall be valid and binding for all purposes, notwithstanding that before delivery thereof any or all such persons whose signatures appear thereon shall have ceased to be such officers. Each such bond or note shall state upon its face the name of the institution on behalf of which it is issued, that it is payable solely and only from the net rents, profits and income derived from the operation of residence halls or dormitories, including dining and other incidental facilities, at such institution as hereinbefore provided, and that it does not constitute a charge against the state of Iowa within the meaning or application of any constitutional or statutory limitation or provision. The issuance of such bonds or notes shall be recorded in the office of the treasurer of the institution on behalf of which the same are issued, and a certificate by such treasurer to this effect shall be printed on the back of each such bond or note.

         Section History: Early Form

         [C66, 71, 73, 75, 77, 79, 81, § 262.58] 

         Section History: Recent Form

         2006 Acts, ch 1051, §7; 2007 Acts, ch 126, §49
         Referred to in § 262.34B, 262A.2
        

262.59 REFUNDING. Upon the determination by the state board of regents to undertake and carry out any project or to refund outstanding bonds or notes, said board shall adopt a resolution describing generally the contemplated project and setting forth the estimated cost thereof, or describing the obligations to be refunded, fixing the amount of bonds or notes to be issued, the maturity or maturities, the interest rate or rates and all details in respect thereof. Such resolution shall contain such covenants as may be determined by the board as to the issuance of additional bonds or notes that may thereafter be issued payable from the net rents, profits and income of the residence halls or dormitories, the amendment or modification of the resolution authorizing the issuance of any bonds or notes, the manner, terms and conditions and the amount or percentage of assenting bonds or notes necessary to effectuate such amendment or modification, and such other covenants as may be deemed necessary or desirable. In the discretion of the board any bonds or notes issued under the terms of this division may be secured by a trust indenture by and between the board and a corporate trustee, which may be any trust company or bank having the powers of a trust company within or without the boundaries of the state of Iowa, but no such trust indenture shall convey or mortgage the buildings or facilities or any part thereof. The provisions of this division and of any resolution or other proceedings authorizing the issuance of bonds or notes and providing for the establishment and maintenance of adequate rates, fees or rentals and the application of the proceeds thereof shall constitute a contract with the holders of such bonds or notes.

         Section History: Early Form

         [C66, 71, 73, 75, 77, 79, 81, § 262.59]
         Referred to in § 262.34B, 262A.2
        

262.60 RATES, FEES AND RENTALS -- PLEDGE. Whenever bonds or notes are issued by the state board of regents, it shall be the duty of said board to establish, impose and collect rates, fees or rentals for the use of and services provided by the residence halls and dormitories, including dining and other incidental facilities therefor, at the institution on behalf of which such bonds or notes are issued, and to adjust such rates, fees or rentals from time to time, in order to always provide net amounts sufficient to pay the principal of and interest on such bonds or notes as the same become due and to maintain a reserve therefor, and said board is authorized to pledge a sufficient amount of the net rents, profits and income derived from the operation of residence halls and dormitories, including dining and other facilities therefor, at such institution for this purpose. Rates, fees or rentals collected at one institution shall not be used to discharge bonds or notes issued for or on account of another institution. All bonds or notes issued under the terms of this division shall be exempt from taxation by the state of Iowa and the interest thereon shall be exempt from the state income tax.

         Section History: Early Form

         [C66, 71, 73, 75, 77, 79, 81, § 262.60]
         Referred to in § 262.34B, 262A.2
        

262.61 ACCOUNTS. A certified copy of each resolution providing for the issuance of bonds or notes under this division shall be filed with the treasurer of the institution on behalf of which the bonds or notes are issued and it shall be the duty of said treasurer to keep and maintain separate accounts for each issue of bonds or notes in accordance with the covenants and directions set out in the resolution providing for the issuance thereof. All rates, fees or rentals collected for the use of and services provided by the residence halls and dormitories, including dining and other incidental facilities therefor, at each institution shall be held in trust by the treasurer thereof, separate and apart from all other funds, to be used solely and only for the purposes specified in this division and as may be required and provided for by the proceedings of the board authorizing the issuance of bonds or notes. It shall be the duty of the treasurer of each institution to disburse funds from the proper account for the payment of the principal of and interest on the bonds or notes in accordance with the directions and covenants of the resolution authorizing the issuance thereof. If the amount of bonds or notes issued under this chapter exceeds the actual costs of the projects for which the bonds or notes were issued, the amount of the difference shall be used to pay the principal and interest due on bonds or notes issued under this chapter.

         Section History: Early Form

         [C66, 71, 73, 75, 77, 79, 81, § 262.61] 

         Section History: Recent Form

         87 Acts, ch 233, § 468
         Referred to in § 262.34B, 262A.2
        

262.62 NO OBLIGATION AGAINST STATE. Under no circumstances shall any bonds or notes issued under the terms of this division be or become or be construed to constitute a charge against the state of Iowa within the purview of any constitutional or statutory limitation or provision. No taxes, appropriations or other funds of the state of Iowa may be pledged for or used to pay such bonds or notes or the interest thereon but any such bonds or notes shall be payable solely and only as to both principal and interest from the net rents, profits and income derived from the operation of residence halls and dormitories, including dining and other incidental facilities therefor, at the institutions of higher learning under the control of the state board of regents as hereinbefore provided, and the sole remedy for any breach or default of the terms of any such bonds or notes or proceedings for their issuance shall be a proceeding either in law or in equity by suit, action or mandamus to enforce and compel performance of the duties required by this division and the terms of the resolution under which such bonds or notes are issued.

         Section History: Early Form

         [C66, 71, 73, 75, 77, 79, 81, § 262.62]
         Referred to in § 262.34B, 262A.2
        

262.63 WHO MAY INVEST. All banks, trust companies, building and loan associations, savings and loan associations, investment companies and other persons carrying on an investment business, all insurance companies, insurance associations and other persons carrying on an insurance business and all executors, administrators, guardians, trustees and other fiduciaries may legally invest any sinking funds, moneys or other funds belonging to them or within their control in any bonds or notes issued pursuant to this division; provided, however, that nothing contained in this section may be construed as relieving any persons from any duty of exercising reasonable care in selecting securities for purchase or investment.

         Section History: Early Form

         [C66, 71, 73, 75, 77, 79, 81, § 262.63]
         Referred to in § 262.34B, 262A.2
        

262.64 FEDERAL OR OTHER AID ACCEPTED. The state board of regents is authorized to apply for and accept federal aid or nonfederal gifts or grants of funds and to use the same to pay all or any part of the cost of carrying out any project at any institution under the terms of this division or to pay any bonds and interest thereon issued for any of the purposes specified in this division.

         Section History: Early Form

         [C66, 71, 73, 75, 77, 79, 81, § 262.64]
         Referred to in § 262.34B, 262A.2
        

262.64A REPORTS TO GENERAL ASSEMBLY. Repealed by 2005 Acts, ch 179, § 160.

262.65 ALTERNATIVE METHOD. This division shall be construed as providing an alternative and independent method for carrying out any project at any institution of higher learning under the control of the state board of regents, for the issuance and sale or exchange of bonds or notes in connection therewith and for refunding bonds or notes pertinent thereto, without reference to any other statute, and shall not be construed as an amendment of or subject to the provisions of any other law, and no publication of any notice, whether under section 73A.12 or otherwise, and no other or further proceeding in respect to the issuance or sale or exchange of bonds or notes under this division, shall be required except such as are prescribed by this division, any provisions of other statutes of the state to the contrary notwithstanding.

         Section History: Early Form

         [C66, 71, 73, 75, 77, 79, 81, § 262.65]
         Referred to in § 262.34B, 262A.2
        

262.66 PRIOR ACTION LEGALIZED. All rights heretofore acquired in connection with the financing of any project at any institution are hereby preserved and all acts and proceedings taken by the board preliminary to and in connection with the authorization and issuance of any previously issued and outstanding notes or other obligations for any project are hereby legalized, validated and confirmed and said notes or obligations are hereby declared to be legal and to constitute valid and binding obligations of the board according to their terms and payable solely and only from the sources referred to therein.

         Section History: Early Form

         [C66, 71, 73, 75, 77, 79, 81, § 262.66]
         Referred to in § 262.34B, 262A.2
        

262.67 APPROVAL OF EXECUTIVE COUNCIL. Repealed by 2005 Acts, ch 179, § 160. See § 262.9(8).

262.68 SPEED LIMIT ON INSTITUTIONAL GROUNDS. The maximum speed limit of all vehicles on institutional roads at institutions under the control of the state board of regents shall be forty-five miles per hour. All driving shall be confined to driveways designated by the state board. Whenever the state board shall determine that the speed limit hereinbefore set forth is greater than is reasonable or safe under the conditions found to exist at any place of congestion or upon any part of its institutional roads, said board shall determine and declare a reasonable and safe speed limit thereat which shall be effective when appropriate signs giving notice thereof are erected at such places of congestion or other parts of its institutional roads. Any person violating the aforementioned speed limits shall be guilty of a simple misdemeanor.

         Section History: Early Form

         [C66, 71, 73, 75, 77, 79, 81, § 262.68]
         Referred to in § 321.285
        

262.69 TRAFFIC CONTROL AND PARKING. The state board of regents may make such rules as it deems necessary and proper to provide for the policing, control, and regulation of traffic and parking of vehicles and bicycles on the property of any institution under its control. The rules may provide for the use of institutional roads, driveways, and grounds, registration of vehicles and bicycles, the designation of parking areas, the erection and maintenance of signs designating prohibitions or restrictions, the installation and maintenance of parking control devices, and assessment, enforcement, and collection of reasonable sanctions for the violation of the rules. Any rules made pursuant to this section may be enforced under procedures adopted by the board for each institution under its control. Sanctions may be imposed upon students, faculty and staff for violation of the rules, including, but not limited to, a reasonable monetary sanction which may be deducted from student deposits and faculty or staff salaries or other funds in the possession of the institution, or added to student tuition bills. The rules made pursuant to this section may also be enforced by the impoundment of vehicles and bicycles parked in violation of the rules, and a reasonable fee may be charged for the cost of impoundment and storage, prior to the release of the vehicles and bicycles to their owners. Each institution under the control of the board shall establish procedures for the determination of controversies in connection with imposition of sanctions. The procedures shall require giving notice of the violation and the sanction involved and provide an opportunity for an administrative hearing. Judicial review of the administrative ruling may be sought in accordance with the terms of the Iowa administrative procedure Act, chapter 17A. Notwithstanding the provisions of chapter 17A, a proceeding conducted by the state board of regents or an institution governed by the state board of regents to determine the validity of an assessment of a violation of traffic control and parking rules is not a contested case as defined in section 17A.2, subsection 5.

         Section History: Early Form

         [C73, 75, 77, 79, 81, § 262.69; 82 Acts, ch 1141, § 1] 

         Section History: Recent Form

         2003 Acts, ch 44, §114
        

262.70 EDUCATION, PREVENTION, AND RESEARCH PROGRAMS IN MENTAL HEALTH AND DISABILITY SERVICES. The division of mental health and disability services of the department of human services may contract with the board of regents or any institution under the board's jurisdiction to establish and maintain programs of education, prevention, and research in the fields of mental health, mental retardation, developmental disabilities, and brain injury. The board may delegate responsibility for these programs to the state psychiatric hospital, the university hospital, or any other appropriate entity under the board's jurisdiction.

         Section History: Early Form

         [81 Acts, ch 78, § 20, 46] 

         Section History: Recent Form

         94 Acts, ch 1170, §51; 2006 Acts, ch 1115, §31
        

262.71 CENTER FOR EARLY DEVELOPMENT EDUCATION. The board of regents shall develop a center for early development education at one of the regents institutions specified in section 262.7, subsections 1 through 3. The center's programs shall be conducted in a laboratory school setting to serve as a model for early childhood education. The programs shall include, but not be limited to, programs designed to accommodate the needs of at-risk children. The teacher education programs at all three state universities shall cooperate in developing the center and its programs. The center's programs shall take a holistic approach and the center shall, in developing its programs, consult with representatives from each of the following agencies, institutions, or groups: 1. The university of northern Iowa. 2. Iowa state university. 3. The university of Iowa. 4. The division of child and family services of the department of human services. 5. The department of public health. 6. The department of human services. 7. An early childhood development specialist from an area education agency. 8. A parent of a child in a head start program. 9. The department of education. 10. The child development coordinating council.

         Section History: Recent Form

         88 Acts, ch 1114, §3; 91 Acts, ch 109, §7
        

262.72 THROUGH 262.74 Reserved.

262.75 INCENTIVES FOR COOPERATING TEACHERS. A cooperating teacher incentive program is established to encourage experienced teachers to serve as cooperating teachers for student teachers enrolled in the institutions of higher education under the control of the board. An individual who submits evidence to an institution that the individual has satisfactorily served as a cooperating teacher for a student teacher from any of the institutions of higher education under the control of the board for the duration of the student teaching experience shall receive from the institution either a monetary recompense or a reduction in tuition for graduate hours of coursework equivalent to the value of the monetary recompense, rounded to the nearest whole credit hour. If, because of a policy adopted by the board of directors employing the teacher, the amount of the monetary recompense is not made available to the teacher for the teacher's own personal use or the salary paid to the cooperating teacher by the employing board is correspondingly reduced, the institution shall grant the teacher the reduction in tuition pursuant to this section in lieu of the monetary recompense. In lieu of the payment of monetary recompense to a cooperating teacher, the cooperating teacher may direct that the monetary recompense be paid by the institution directly into a scholarship fund which has been established jointly by the board of directors of the school district that employs the teacher and the local teachers' association. In such cases, the cooperating teacher shall receive neither monetary recompense nor any reduction in tuition at the institution.

         Section History: Recent Form

         88 Acts, ch 1266, §4; 95 Acts, ch 173, § 1
        

262.76 AND 262.77 Reserved.

262.78 CENTER FOR AGRICULTURAL HEALTH AND SAFETY. 1. The board of regents shall establish a center for agricultural health and safety at the university of Iowa. The center shall be a joint venture by the university of Iowa and Iowa state university of science and technology. The center shall establish farm health and safety programs designed to reduce the incidence of disabilities suffered by persons engaged in agriculture which results from disease or injury. The university of Iowa is primarily responsible for the management of agricultural health and injury programs at the center. Iowa state university of science and technology is primarily responsible for the management of the agricultural safety programs of the center. 2. The center shall cooperate with the center for rural health and primary care, established under section 135.107, the center for health effects of environmental contamination established pursuant to section 263.17, and the department of agriculture and land stewardship. The agencies shall coordinate programs to the extent practicable. 3. The president of the university of Iowa, in consultation with the president of Iowa state university of science and technology, shall employ a full-time director of the center. The center may employ staff to carry out the center's purpose. The director shall coordinate the agricultural health and safety programs of the center. The director shall regularly meet and consult with the advisory committee to the center for rural health and primary care. The director shall provide the board of regents with relevant information regarding the center. 4. The center may solicit, accept, and administer moneys contributed to the center by any source, and may enter into contracts with public or private agencies in order to carry out its purposes. 5. The center shall cooperate with public and private entities to provide support to programs emphasizing agricultural health, safety, and rehabilitation for farm families.

         Section History: Recent Form

         90 Acts, ch 1207, §3; 2005 Acts, ch 179, §155
         Referred to in § 135.107, 263.17
        

262.79 AND 262.80 Reserved.

262.81 LEGISLATIVE INTENT. The general assembly recognizes that educational programs designed to enhance the interrelation and cooperation among cultural, racial, and ethnic groups in society require the contribution and active participation of all ethnic and racial groups. The general assembly also recognizes that failure to include minority representation at the faculty level at the state universities contributes to cultural, racial, and ethnic isolation of minority students and does not reflect the realities of a multicultural and diverse society. Therefore, the "Regents' Minority and Women Educators Enhancement" program is established to assist in the recruitment and retention of faculty that more adequately represents the diverse cultural, racial, and ethnic makeup of society and to improve the education of all students.

         Section History: Recent Form

         89 Acts, ch 319, § 61
        

262.82 REGENTS' MINORITY AND WOMEN EDUCATORS ENHANCEMENT PROGRAM. The board of regents shall establish a program to recruit minority educators to faculty positions in the universities under the board's control. The program shall include, but is not limited to, the creation of faculty positions in all areas of academic pursuit. The board of regents shall also establish a program to create faculty opportunities for women educators at the universities under the board's control. The program shall include, but is not limited to, the creation of faculty positions in targeted shortage areas. The board of regents shall also develop and implement, in consultation with appropriate faculty representatives, tenure, promotion, and hiring policies that recognize the unique needs of faculty members who are principal caregivers to dependents. As used in this section, "minority educator" means an educator who is a minority person as defined in section 261.102.

         Section History: Recent Form

         89 Acts, ch 319, § 62
         Referred to in § 262.93
        

262.83 THROUGH 262.90 Reserved.

262.91 LEGISLATIVE INTENT. The general assembly recognizes that universities must provide an environment that enables all students to have an equal opportunity to succeed. The general assembly also recognizes that, because of inequalities in educational preparation, economic factors, and social circumstances, not all young Iowans have the same degree of access to Iowa's higher education system. The general assembly further acknowledges that an early intervention system using public school districts, community agencies, and other state institutions can be useful in preparing young students to succeed in college. Therefore, the "College-bound" program is established to ensure that the state's universities and students' local communities become involved early in a student's life by promoting and informing students about the opportunities in higher education, so that lack of adequate personal resources is not a barrier to attending college for young Iowans.

         Section History: Recent Form


         89 Acts, ch 319, § 63
        

262.92 COLLEGE-BOUND PROGRAM. 1. The board of regents shall establish or contract to establish college-bound programs to provide Iowa minority students with information and experiences relating to opportunities offered at the regents' universities. Programs developed may include, but are not limited to, the following elements: a. Reinforcement of efforts to attract undergraduate students from age groups currently served by traditional methods of outreach which use high school and community college services. b. Extension of traditional student recruitment methods which are designed to encourage minority students in grades seven through twelve to pursue postsecondary academic courses of study. c. Identification, at each of the regents' universities, of courses of study to be targeted for the recruitment of minority students. d. Offerings at the regents' universities of innovative programs, which are experience oriented, for families with minority children. 2. The board of regents shall establish a voucher program for students in grades seven through twelve. Vouchers may be obtained by any qualified secondary student at any regents' university upon completion of a college-bound program provided under subsection 1. Students may receive one voucher for each program. One or more vouchers entitle a student to priority over other persons applying for grants under the Iowa minority academic grants for economic success program established in section 261.101. Vouchers shall be submitted with the grant application within one year after a student graduates from high school at any higher education institution which offers grants under the Iowa minority academic grants for economic success program. Vouchers earned can only be used by the person who participated in the college-bound voucher program and are not transferable. Vouchers issued by a university under this program shall be signed by the president of the university. 3. The board of regents shall adopt rules to establish program guidelines for the universities under the board's control and for the administration and coordination of program efforts. Rules adopted shall include methods of recording data relating to voucher recipients and making the data available to the college student aid commission.

         Section History: Recent Form

         89 Acts, ch 319, § 64
         Referred to in § 261.103, 261.104, 262.93
        

262.93 REPORTS TO GENERAL ASSEMBLY. The college student aid commission and the state board of regents each shall submit, by January 1 of each year, a report on the progress and implementation of the programs which they administer under sections 261.102 through 261.105, 262.82, and 262.92. The reports shall include, but are not limited to, the numbers of students participating in the programs and allocation of funds appropriated for the programs.

         Section History: Recent Form

         89 Acts, ch 319, § 65
        

262.94 THROUGH 262.99 Reserved.

262.100 INNOVATIVE SCHOOL CALENDAR PILOT PROGRAM -- SCHOOL FOR THE DEAF. Repealed by its own terms effective June 30, 2006; 2002 Acts, ch 1171, § 86.

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