Iowa Statutes
§ 502A.7 — Liability of principals, controlling persons, and others
Iowa § 502A.7
This text of Iowa § 502A.7 (Liability of principals, controlling persons, and others) 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 § 502A.7 (2026).
Text
1.The act, omission, or failure of an official, agent, or other person acting for an
individual, association, partnership, corporation, or trust within the scope of the person’s
7 COMMODITIES CODE, §502A.11
employment or office shall be deemed the act, omission, or failure of the individual,
association, partnership, corporation, or trust, as well as of the person.
2.A person who directly or indirectly controls another person liable under this chapter,
a partner, officer, or director of the other person, a person occupying a similar status or
performing similar functions, and an employee of such other person who materially aids in
the violation, is liable jointly and severally with and to the same extent as the other person,
unless the person who is liable by virtue of this provision sus
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Nearby Sections
15
§ 502A.1
Definitions§ 502A.11
Investigations§ 502A.12
Enforcement of chapter§ 502A.13
Power of court to grant relief§ 502A.14
Criminal penalties§ 502A.15
Administration of chapter§ 502A.16
Cooperation with other agencies§ 502A.18
Consent to service of process§ 502A.19
Chapter scope§ 502A.2
Unlawful commodity transactions§ 502A.20
Effect of pending judicial review§ 502A.21
Pleading exemptions§ 502A.22
Affirmative defense§ 502A.3
Exempt person transactionsCite This Page — Counsel Stack
Bluebook (online)
Iowa § 502A.7, Counsel Stack Legal Research, https://law.counselstack.com/statute/ia/502A.7.