Iowa Code 546B.1 – Definitions
Current as of: 2023 | Check for updates
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When used in this chapter, unless the context otherwise requires:
1. “Compensation” means money, property, or anything else of value, which includes but is not limited to exclusive arrangements or agreements for the provision of services or the purchase of products.
Terms Used In Iowa Code 546B.1
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- Entitlement: A Federal program or provision of law that requires payments to any person or unit of government that meets the eligibility criteria established by law. Entitlements constitute a binding obligation on the part of the Federal Government, and eligible recipients have legal recourse if the obligation is not fulfilled. Social Security and veterans' compensation and pensions are examples of entitlement programs.
- Money: means the same as defined in section 554. See Iowa Code 554E.1
- Person: includes , where applicable, natural persons, corporations, trusts, unincorporated associations, and partnerships. See Iowa Code 546B.1
- property: includes personal and real property. See Iowa Code 4.1
- Sale: means any sale, offer for sale, or attempt to sell or lease any land, to the public in this state, for cash or on credit. See Iowa Code 543C.1
- state: when applied to the different parts of the United States, includes the District of Columbia and the territories, and the words "United States" may include the said district and territories. See Iowa Code 4.1
- United States: includes all the states. See Iowa Code 4.1
2. “Person” includes, where applicable, natural persons, corporations, trusts, unincorporated associations, and partnerships.
3. “Trade or commerce” includes the marketing or sale of assets, goods, or services, or any commerce directly or indirectly affecting the people of this state.
4. “Veteran” means as defined in section 35.1.
5. “Veterans’ benefit matter” means any preparation, presentation, or prosecution of a claim affecting a person who has filed or has expressed an intention to file an application for determination of payment, service, commodity, function, or status, entitlement to which is determined under laws administered by the United States department of veterans affairs or the Iowa department of veterans affairs pertaining to veterans and their dependents or survivors.