Iowa Code 23A.1 – Definitions
Current as of: 2024 | Check for updates
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As used in this chapter, unless the context otherwise requires:
1. “Political subdivision” means a city, county, or school corporation.
Terms Used In Iowa Code 23A.1
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
- state: when applied to the different parts of the United States, includes the District of Columbia and the territories, and the words "United States" may include the said district and territories. See Iowa Code 4.1
2. “Private enterprise” means an individual, firm, partnership, joint venture, corporation, association, or other legal entity engaging in the manufacturing, processing, sale, offering for sale, rental, leasing, delivery, dispensing, distributing, or advertising of goods or services for profit.
3. “State agency” includes a state department, board, commission, or other unit of state government regardless of whether moneys are appropriated to the agency.