Iowa Code 101C.8 – Pricing
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Terms Used In Iowa Code 101C.8
- Council: means the Iowa propane education and research council established pursuant to section 101C. See Iowa Code 101C.2
- Propane: means a hydrocarbon with a chemical composition that is predominately C3H8, whether recovered from natural gas or crude oil, and includes liquefied petroleum gases and mixtures. See Iowa Code 101C.2
In all cases, the price of propane shall be determined by market forces. Consistent with antitrust laws, the council shall not take any action regarding, and this chapter shall not be interpreted as establishing, an agreement to pass along to consumers the cost of the assessment provided for in section 101C.4.