Iowa Code
Iowa Code § 502.505 (2026)
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✓ Iowa Code 2026 (laws through the 2025 session)
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It is unlawful for a person to make or cause to be made, in a record that is used in an action or proceeding or filed under this chapter, a statement that, at the time and in the light of the circumstances under which it is made, is false or misleading in a material respect, or, in connection with the statement, to omit to state a material fact necessary to make the statement made, in the light of the circumstances under which it was made, not false or misleading. [C77, 79, 81, §502.505] 2004 Acts, ch 1161, §43, 68 Referred to in §502.610
\nNotes of Decisions
Cited in 2
cases, 1985–2019 · leading case: Cheryl Albaugh v. Reserve, 930 N.W.2d 676 (Iowa 2019).
Cheryl Albaugh v. Reserve, 930 N.W.2d 676 (Iowa 2019). “Specifically, Iowa Code section 502.505 (2003) stated, “Nothing in this chapter shall limit any liability which might exist by virtue of any other statute or under common law if this chapter were not in effect.”
William F. Shidler v. All Am. Life & Fin. Corp., 775 F.2d 917 (8th Cir. 1985). “, Iowa Code Ann. § 502.505 (West Supp. 1985) (“Except as explicitly provided in this chapter [Blue Sky law], no civil liability in favor of any person shall arise against any person by implication from or as a result of the violation of any provision of this chapter or any rule…”
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