1. A person who commits an unlawful act under this chapter is guilty of an aggravated misdemeanor.

Attorney's Note

Under the Iowa Code, punishments for crimes depend on the classification. In the case of this section:
ClassPrisonFine
Class D felonyup to 5 yearsbetween $1,025 and $10,245
Aggravated misdemeanorup to 2 yearsbetween $855 and $8,540
For details, see Iowa Code902.9 and Iowa Code§ 903.1

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Terms Used In Iowa Code 715.7

  • 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
 2. A person who commits an unlawful act under this chapter and who causes pecuniary losses exceeding one thousand dollars to a victim of the unlawful act is guilty of a class “D” felony.