Iowa Code Title V. Agriculture [Chs. 159-215A] § 181.1. Definitions

1. “Association” means the Iowa beef cattle producers association.

2. “Cattle” means any live domesticated bovine animal regardless of age.

3. “Executive committee” means the executive committee of the association as created in section 181.3.

4. “Federal Act” means the federal Beef Promotion and Research Act of 1985, 7 U.S.C. § 2901 et seq.

5. “Federal assessment” means an excise tax on the sale of bovine animals imposed pursuant to the federal Act.

6. “Producer” means any person who owns or acquires ownership of cattle. However, a person shall not be considered a producer if any of the following apply:

7. “Qualified financial institution” means a bank or credit union as defined in section 12C.1.

8. “Records” means books, papers, documents, accounts, agreements, memoranda, electronic records of accounts, or correspondence relating to a matter regulated under this chapter.

9. “Secretary” means the secretary of agriculture.

10. “State assessment” means an excise tax on the sale of cattle imposed pursuant to this chapter.