Terms Used In Iowa Code 523I.802

  • Contract: A legal written agreement that becomes binding when signed.
  • person: means individual, corporation, limited liability company, government or governmental subdivision or agency, business trust, estate, trust, partnership or association, or any other legal entity. See Iowa Code 4.1
523I.802 Advertising.
1. A cemetery shall not advertise, represent, guarantee, promise, or contract to provide or
offer perpetual care or use terms or phrases like permanent care, permanent maintenance, care forever, continuous care, eternal care, or everlasting care to imply that a certain level of care and financial security will be furnished or is guaranteed except in compliance with the provisions of this subchapter.
2. A cemetery or person advertising or selling interment rights shall not represent that the purchase of the interment rights is or will be a desirable speculative investment for resale purposes.
2005 Acts, ch 128, §57
Similar provision, see §523I.308