2009 Iowa Code
Title 13 - Commerce
Subtitle 5 - Regulation of Commercial Enterprises
CHAPTER 554 - UNIFORM COMMERCIAL CODE
554.2201 - FORMAL REQUIREMENTS -- STATUTE OF FRAUDS.

        554.2201  FORMAL REQUIREMENTS -- STATUTE OF FRAUDS.
         1.  Except as otherwise provided in this section a contract for
      the sale of goods for the price of five hundred dollars or more is
      not enforceable by way of action or defense unless there is some
      writing sufficient to indicate that a contract for sale has been made
      between the parties and signed by the party against whom enforcement
      is sought or by that party's authorized agent or broker.  A writing
      is not insufficient because it omits or incorrectly states a term
      agreed upon but the contract is not enforceable under this paragraph
      beyond the quantity of goods shown in such writing.
         2.  Between merchants if within a reasonable time a writing in
      confirmation of the contract and sufficient against the sender is
      received and the party receiving it has reason to know its contents,
      it satisfies the requirements of subsection 1 against such party
      unless written notice of objection to its contents is given within
      ten days after it is received.
         3.  A contract which does not satisfy the requirements of
      subsection 1 but which is valid in other respects is enforceable
         a.  if the goods are to be specially manufactured for the
      buyer and are not suitable for sale to others in the ordinary course
      of the seller's business and the seller, before notice of repudiation
      is received and under circumstances which reasonably indicate that
      the goods are for the buyer, has made either a substantial beginning
      of their manufacture or commitments for their procurement; or
         b.  if the party against whom enforcement is sought admits in
      that party's pleading, testimony or otherwise in court that a
      contract for sale was made, but the contract is not enforceable under
      this provision beyond the quantity of goods admitted; or
         c.  with respect to goods for which payment has been made and
      accepted or which have been received and accepted (section 554.2606).
      

         [C24, 27, 31, 35, 39, § 9933; C46, 50, 54, 58, 62, § 554.4;
      C66, 71, 73, 75, 77, 79, 81, § 554.2201]
         Referred to in § 554.2209, 554.2326