2017 Iowa Code
Title V - AGRICULTURE
Chapter 202 - COMMODITY PRODUCTION CONTRACTS
Section 202.2 - Production contracts governed by this chapter.

Universal Citation: IA Code § 202.2 (2017)

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1 COMMODITY PRODUCTION CONTRACTS, §202.2 202.2 Production contracts governed by this chapter. 1. This chapter applies to a production contract that relates to the production of a commodity owned by an active contractor and produced by a contract producer at the contract producer’s contract operation, if one of the following applies: a. The contract is executed by an active contractor and a contract producer for the production of the commodity. b. The contract is executed by an active contractor and a passive contractor for the provision of management services to the contract producer in the production of the commodity. c. The contract is executed by a passive contractor and a contract producer, if all of the following apply: (1) The contract provides for management services furnished by the passive contractor to the contract producer in the production of the commodity. (2) The passive contractor has a contractual relationship with the active contractor involving the production of the commodity. 2. A production contract is executed when it is signed or orally agreed to by each party or by a person who is authorized by a party to act on the party’s behalf. 99 Acts, ch 169, §3, 22 – 24 Referred to in §202.1 Wed Feb 08 03:13:48 2017 Iowa Code 2017, Section 202.2 (8, 1)
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