As used in this chapter, unless the context otherwise requires:
 1. “Dealer” means a person required to be licensed as a dealer pursuant to section 163.30. However, a dealer does not include a person who operates a livestock market, as defined in section 459.102.

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Terms Used In Iowa Code 202C.1

  • Contract: A legal written agreement that becomes binding when signed.
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Dealer: means a person required to be licensed as a dealer pursuant to section 163. See Iowa Code 202C.1
  • Livestock: means cattle, sheep, swine, ostriches, rheas, emus, poultry, and other animals or fowl, which are being produced primarily for use as food or food products for human consumption. See Iowa Code 172D.1
  • National Bank: A bank that is subject to the supervision of the Comptroller of the Currency. The Office of the Comptroller of the Currency is a bureau of the U.S. Treasury Department. A national bank can be recognized because it must have "national" or "national association" in its name. Source: OCC
  • Owner: shall mean the person holding record title to real estate to include both legal and equitable interests under recorded real estate contracts. See Iowa Code 172D.1
  • 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
  • Purchaser: means the owner or operator of a farm as provided in section 163. See Iowa Code 202C.1
  • Sales agreement: means an oral or written contract executed between a dealer and a purchaser for the sale of feeder pigs. See Iowa Code 202C.1
  • United States: includes all the states. See Iowa Code 4.1
 2. “Department” means the department of agriculture and land stewardship.
 3. “Feeder pig” means an immature swine fed for purposes of direct slaughter which weighs one hundred pounds or less.
 4. “Financial institution” means a bank or savings association authorized by the laws of the United States, which is a member of the federal deposit insurance corporation, the federal savings and loan insurance corporation, or the national bank for cooperatives established in the Agricultural Credit Act, Pub. L. No. 100-233.
 5. “Purchaser” means the owner or operator of a farm as provided in section 163.30 who is delivered feeder pigs pursuant to a sales agreement in which the owner or operator is a party.
 6. “Sales agreement” means an oral or written contract executed between a dealer and a purchaser for the sale of feeder pigs.