{"data":{"id":"us-ia/iowa-code-551a.10","jurisdiction":"us-ia","citation":"Iowa Code § 551A.10","heading":"Penalties.","body":"1. A seller who willfully violates the requirements for disclosure or for the contents of a business opportunity contract pursuant to section 551A.3, who provides misleading advertising as provided in section 551A.9, who willfully violates a rule under this chapter, or who willfully violates an order of which the person has notice, upon conviction, is guilty of a class “D” felony. Otherwise, a person who violates a rule adopted or order issued under this chapter is, upon conviction, guilty of an aggravated misdemeanor. Each of the acts specified constitutes a separate offense and a prosecution or conviction for any one of such offenses does not bar prosecution or conviction for any other offense.\n2. A violation of this chapter is an unlawful practice pursuant to section 714.16.\n3. A seller who willfully uses any device or scheme to defraud a person in connection with an advertisement, offer to sell or lease, sale, or lease of a business opportunity, or who willfully violates any other provision of this chapter, except as provided in subsection 1, is, upon conviction, guilty of a fraudulent practice as provided in chapter 714.","path":["Title XIII - COMMERCE (Ch. 505 - 554I)","Chapter 551A - BUSINESS OPPORTUNITY PROMOTIONS"],"source_url":"https://www.legis.iowa.gov/docs/code/2026/551A.10.pdf","current_through":"Iowa Code 2026 edition","vintage":"","retrieved_at":"2026-09-14T19:40:14Z","sha256":"6cd52ea1b04cec5df609f374e32657dc08b927f33b29ea4df91569b2cf74e3a8","source_id":"us-ia","stale":false,"prev":"us-ia/iowa-code-551a.9","next":"us-ia/iowa-code-552.1"},"notice":"GroundRules: Original legal text. Not legal advice."}