Jun 03, 2023  
DMACC Policies and Procedures 
DMACC Policies and Procedures
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BS706 - Debt Management


Section: Business Services

The Board shall direct the issuance of debt instruments to finance the College’s financial obligations. The terms and conditions for the sale of debt instruments will be in accordance with the Iowa Code. Adequate safeguards shall be established for post-issuance compliance with respect to tax-exempt qualified obligations issued by the College and to promote efficient, effective procedures to this end.

Legal Reference:
Iowa Code 260C.19, 260C.21, 298.21, 260C.58, 260C.64, 260E

Cross Reference:
Procedure BSXXXX-new procedure will be developed

Adopted: June 17, 1986
Reviewed: 2005, 2010, 2020

January 10, 2000

December 2019

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