{"data":{"id":"us-ia/iowa-code-523a.403","jurisdiction":"us-ia","citation":"Iowa Code § 523A.403","heading":"Purchase agreements funded by certificates of deposit.","body":"1. A purchase agreement may be funded by proceeds derived from a certificate of deposit in the name of the purchaser made payable to the seller upon the purchaser’s death.\n2. The seller of a purchase agreement subject to this chapter which is to be funded by a certificate of deposit shall obtain all permits required to be obtained and comply with all reporting requirements under this chapter, implementing rules, and orders.","path":["Title XIII - COMMERCE (Ch. 505 - 554I)","Chapter 523A - CEMETERY AND FUNERAL MERCHANDISE AND FUNERAL SERVICES","Subchapter IV - TRUSTING ALTERNATIVES"],"source_url":"https://www.legis.iowa.gov/docs/code/2026/523A.403.pdf","current_through":"Iowa Code 2026 edition","vintage":"","retrieved_at":"2026-09-14T19:40:14Z","sha256":"ad579aa6b3ba29c630e391e72cf7d9e9b75e791ad11d4d8ca624ccaeb0709764","source_id":"us-ia","stale":false,"prev":"us-ia/iowa-code-523a.402","next":"us-ia/iowa-code-523a.404"},"notice":"GroundRules: Original legal text. Not legal advice."}