1. Arson which is not arson in the first degree is arson in the second degree when the property which is the subject of the arson is a building or a structure, or real property of any kind, or standing crops, or is personal property the value of which exceeds seven hundred fifty dollars.

Attorney's Note

Under the Iowa Code, punishments for crimes depend on the classification. In the case of this section:
ClassPrisonFine
Class C felonyup to 10 yearsbetween $1,370 and $13,660
For details, see Iowa Code902.9
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Terms Used In Iowa Code 712.3

 2. Arson in the second degree is a class “C” felony.