202.3 - PRODUCTION CONTRACTS -- CONFIDENTIALITY PROHIBITED. - Iowa Statutes

202.3 PRODUCTION CONTRACTS -- CONFIDENTIALITY PROHIBITED. 1. A contractor shall not on or after May 24, 1999, enforce a provision in a production contract if the provision provides that information contained in the production contract is confidential. 2. A provision which is part of a production contract is void if the provision states that information contained in the production contract is confidential. The confidentiality provision is void whether the confidentiality provision is express or implied; oral or written; required or conditional; contained in the production contract, another production contract, or in a related document, policy, or agreement. This section does not affect other provisions of a production contract or a related document, policy, or agreement which can be given effect without the voided provision. This section does not require a party to a production contract to divulge the information in the production contract to another person.          Section History: Recent Form 99 Acts, ch 169, §4, 22--24 Referred to in § 202.5, 714.8