2022 Iowa Code
Title XIII - COMMERCE
Chapter 554D - ELECTRONIC TRANSACTIONS — COMPUTER AGREEMENTS
Section 554D.106A - Use of distributed ledger technology.

Universal Citation: IA Code § 554D.106A (2022)

554D.106A Use of distributed ledger technology.

A person who, in engaging in or affecting interstate or foreign commerce, uses distributed ledger technology to secure information that the person owns or has the right to use retains the same rights of ownership or use with respect to such information as before the person secured the information using distributed ledger technology. This section does not apply to the use of distributed ledger technology to secure information in connection with a transaction to the extent that the terms of the transaction expressly provide for the transfer of rights of ownership or use with respect to such information.

2021 Acts, ch 116, §3, 5

Section effective January 1, 2022; 2021 Acts, ch 116, §5

NEW section

Disclaimer: These codes may not be the most recent version. Iowa may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.