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Terms Used In Iowa Code 904.815

  • 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.
  • 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
904.815 Sale of products.
1. Iowa state industries may produce and sell products to any tax-supported institution or governmental subdivision in any level of government which includes the state, county, city, or school corporation. Iowa state industries may sell products to employees of those entities.
2. Iowa state industries may sell products to nonprofit organizations including parochial schools, churches, or fraternal organizations.
3. Iowa state industries may sell products to nonprofit health care facilities serving
Medicaid or social security patients.
88 Acts, ch 1230, §5
C93, §904.815