Iowa § 479B.28 Negotiated fee

Iowa Statutes

§ 479B.28 — Negotiated fee

Iowa § 479B.28

Title XINATURAL RESOURCES

Ch. 479BHAZARDOUS LIQUID PIPELINES AND STORAGE FACILITIES

This text of Iowa § 479B.28 (Negotiated fee) is published on Counsel Stack Legal Research, covering Iowa primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Iowa Code § 479B.28 (2026).

Text

In lieu of a one-time lump sum payment for an easement or other property interest
allowing a pipeline to cross property or allowing underground storage of hazardous liquids,
a landowner and the pipeline company may negotiate an annual fee, to be paid over a fixed
number of years. Unless the easement provides otherwise, the annual fee shall run with the
land and shall be payable to the owner of record.

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In lieu of a one-time lump sum payment for an easement or other property interest
allowing a pipeline to cross property or allowing underground storage of hazardous liquids,
a landowner and the pipeline company may negotiate an annual fee, to be paid over a fixed
number of years. Unless the easement provides otherwise, the annual fee shall run with the
land and shall be payable to the owner of record.