All contracts in writing, signed by the party to be bound or by the party’s authorized agent or attorney, shall import a consideration.
Iowa Code § 537A.2
Consideration implied
Applied in 3 court decisions — leading case Insurance Agents, Inc. v. Abel (1983)
Most recently applied in 279 F. Supp. 2d 1005 - Central States Industrial Supply, Inc. v. McCullough (September 2003)
[C51, §975; R60, §1824; C73, §2113; C97, §3069; C24, 27, 31, 35, 39, §9440; C46, 50, 54, 58, 62, 66, 71, 73, §537.2; C75, 77, 79, 81, §537A.2]
How often courts cite this section
Court decisions citing this, by year. The dip in the last several years is a data-coverage gap, not a real trend — our corpus holds fewer opinions from the most recent years, so recent citations are undercounted.
Official source: Iowa Legislature. Reproduced from public-domain Iowa statutes; confirm against the official source for the current text. Not legal advice.