1. This chapter applies to a production contract that relates to the production of a commodity owned by an active contractor and produced by a contract producer at the contract producer’s contract operation, if one of the following applies:

 a. The contract is executed by an active contractor and a contract producer for the production of the commodity.
 b. The contract is executed by an active contractor and a passive contractor for the provision of management services to the contract producer in the production of the commodity.
 c. The contract is executed by a passive contractor and a contract producer, if all of the following apply:

 (1) The contract provides for management services furnished by the passive contractor to the contract producer in the production of the commodity.
 (2) The passive contractor has a contractual relationship with the active contractor involving the production of the commodity.

Terms Used In Iowa Code 202.2

  • Active contractor: means a person who owns a commodity that is produced by a contract producer at the contract producer's contract operation pursuant to a production contract executed pursuant to section 202. See Iowa Code 202.1
  • Commodity: means livestock, raw milk, or a crop. See Iowa Code 202.1
  • Contract: A legal written agreement that becomes binding when signed.
  • Contract operation: means a contract livestock facility or contract crop field. See Iowa Code 202.1
  • Contract producer: means a person who holds a legal interest in a contract operation and who produces a commodity at the contract producer's contract operation under a production contract executed pursuant to section 202. See Iowa Code 202.1
  • Contractor: means an active contractor or a passive contractor. See Iowa Code 202.1
  • following: when used by way of reference to a chapter or other part of a statute mean the next preceding or next following chapter or other part. See Iowa Code 4.1
  • Passive contractor: means a person who furnishes management services to a contract producer, and who does not own a commodity that is produced by the contract producer at the contract producer's contract operation according to a production contract which is executed pursuant to section 202. See Iowa Code 202.1
  • 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
  • Production contract: means an oral or written agreement executed pursuant to section 202. See Iowa Code 202.1
 2. A production contract is executed when it is signed or orally agreed to by each party or by a person who is authorized by a party to act on the party’s behalf.
  Previous section
Next section  
 Chapter 202 Contents