Jump to Content Jump to Main Navigation
The Iowa State Constitution, 2nd Edition by Pettys, Todd E (9th February 2018)

Part Two The Iowa Constitution and Commentary, Art.VII State Debts

From: The Iowa State Constitution (2nd Edition)

Todd E. Pettys

The credit of the State shall not, in any manner, be given or loaned to, or in aid of, any individual, association, or corporation; and the State shall never assume, or become responsible for, the debts or liabilities of any individual, association, or corporation, unless incurred in time of war for the benefit of the State. Section 1 ensures that, outside the context of war, the state will not become secondarily liable for debts incurred by others. 1 When Jefferson County’s James Wilson introduced Section 1 on behalf of the Committee on State Debts at Iowa’s 1857...
Users without a subscription are not able to see the full content. Please, subscribe or login to access all content.