202C.1 - DEFINITIONS.
202C.1 DEFINITIONS.
As used in this chapter, unless the context otherwise requires:
1. "Dealer" means a person required to be licensed as a
dealer pursuant to section 163.30. However, a dealer does not
include a person who operates a livestock market, as defined in
section 459.102.
2. "Department" means the department of agriculture and land
stewardship.
3. "Feeder pig" means an immature swine fed for purposes of
direct slaughter which weighs one hundred pounds or less.
4. "Financial institution" means a bank or savings and loan
association authorized by this state or by the laws of the United
States, which is a member of the federal deposit insurance
corporation, the federal savings and loan insurance corporation, or
the national bank for cooperatives established in the Agricultural
Credit Act, Pub. L. No. 100-233.
5. "Purchaser" means the owner or operator of a farm as
provided in section 163.30 who is delivered feeder pigs pursuant to a
sales agreement in which the owner or operator is a party.
6. "Sales agreement" means an oral or written contract
executed between a dealer and a purchaser for the sale of feeder
pigs. Section History: Recent Form
2003 Acts, ch 90, §2; 2004 Acts, ch 1095, §2, 6