Terms Used In Iowa Code 556D.5

  • Art dealer: means a person engaged in the business of selling works of fine art, in a shop or gallery devoted in the majority to works of fine art, other than a person engaged in the business of selling goods of general merchandise or at a public auction. See Iowa Code 556D.1
  • Contract: A legal written agreement that becomes binding when signed.
 A provision of a contract or agreement where the art dealer waives a provision of this chapter is void.