Iowa Code 523H.4 – Waivers void
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Terms Used In Iowa Code 523H.4
- Franchisee: means a person to whom a franchise is granted. See Iowa Code 523H.1
- Person: means a person as defined in section 4. See Iowa Code 523H.1
- Rule: includes "regulation". See Iowa Code 4.1
- Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
A condition, stipulation, or provision requiring a franchisee to waive compliance with or relieving a person of a duty or liability imposed by or a right provided by this chapter or a rule or order under this chapter is void. This section shall not affect the settlement of disputes, claims, or civil lawsuits arising or brought pursuant to this chapter.