Skip to main content
Find a Lawyer

Iowa Code Title XIII. Commerce [Chs. 505-554D] § 554H.1. Definitions

Current as of January 01, 2024 | Updated by Findlaw Staff

1. “Ammunition” means the same as defined in 18 U.S.C. § 921.

2. “Covered entity” means an entity, or agent of an entity, that establishes a relationship with a retailer for the purpose of processing credit, debit, or prepaid transactions.

3. “Firearm” means the same as defined in 18 U.S.C. § 921, and includes a shotgun, rifle, and antique firearm, as those terms are defined in 18 U.S.C. § 921.

4. “Firearms retailer” means an individual or entity that is all of the following:

a. Physically located in the state.

b. Engaged in the lawful business of selling or trading firearms or ammunition.

5. “Merchant category code” means the code, approved by the international organization for standardization specifically for firearms retailers, that is assigned to a retailer based on the types of goods and services offered to a retailer's customers.

6. a. “Payment card network” means an entity that, directly or through a member, processor, or agent, provides proprietary services, infrastructure, software, or hardware that is used to authorize, clear, and settle credit, debit, or prepaid transactions.

b. “Payment card network” does not include an issuing financial institution that settles a credit, debit, or prepaid transaction with a retailer on behalf of a consumer.

Previous Part of Code Next Part of Code
Back to Chapter List

Cite this article: FindLaw.com - Iowa Code Title XIII. Commerce [Chs. 505-554D] § 554H.1. Definitions - last updated January 01, 2024 | https://codes.findlaw.com/ia/title-xiii-commerce-chs-505-554d/ia-code-sect-554h-1/

FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.

Was this helpful?

Welcome to FindLaw's Cases & Codes

A free source of state and federal court opinions, state laws, and the United States Code. For more information about the legal concepts addressed by these cases and statutes, visit FindLaw’s Learn About the Law.

Go to Learn About the Law

Latest Blog Posts

For Legal Professionals

Learn About The Law

Get help with your legal needs

FindLaw’s Learn About the Law features thousands of informational articles to help you understand your options. And if you’re ready to hire an attorney, find one in your area who can help.

Go to Learn About the Law

Need to Find an Attorney?

Search our directory by legal issue

Enter information in one or both fields (Required)

Copied to clipboard