Iowa Code 499.11 – Legality declared
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Terms Used In Iowa Code 499.11
- Association: means a corporation formed under this chapter. See Iowa Code 499.2
- Contract: A legal written agreement that becomes binding when signed.
No association, contract, method or act which complies with this chapter shall be deemed a conspiracy or combination in restraint of trade or an illegal monopoly, or an attempt to lessen business or fix prices arbitrarily, or to accomplish any improper or illegal purpose.