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Code · Iowa · Chapter 552 — Physical Exercise Clubs

552.10 Statement regarding assignability of buyer’s obligation.

48 words·~1 min read·/ia/chapter-552-physical-exercise-clubs/552-10·

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

If the buyer’s obligation is in a form that may be assigned, the contract shall state in boldface type on the front page of the contract that the contract may be discounted and sold to third parties to whom the buyer will become obligated to make full payment.
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