523H.2 - APPLICABILITY. - Iowa Statutes

523H.2 APPLICABILITY. This chapter applies to a new or existing franchise that is operated in the state of Iowa. For purposes of this chapter, the franchise is operated in this state only if the premises from which the franchise is operated is physically located in this state. For purposes of this chapter, a franchise including marketing rights in or to this state, is deemed to be operated in this state only if the franchisee's principal business office is physically located in this state. This chapter does not apply to a franchise solely because an agreement relating to the franchise provides that the agreement is subject to or governed by the laws of this state. The provisions of this chapter do not apply to any existing or future contracts between Iowa franchisors and franchisees who operate franchises located out of state.          Section History: Recent Form 92 Acts, ch 1134, § 2; 95 Acts, ch 117, §1 Referred to in § 523H.2A, 537A.10