Iowa Code

Iowa Code § 554.1302 (2026)

Variation by agreement

✓ current as of July 2026

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1. Except as otherwise provided in subsection 2 or elsewhere in this chapter, the effect of provisions of this chapter may be varied by agreement.

2. The obligations of good faith, diligence, reasonableness, and care prescribed by this chapter may not be disclaimed by agreement. The parties, by agreement, may determine the standards by which the performance of those obligations is to be measured if those standards are not manifestly unreasonable. Whenever this chapter requires an action to be taken within a reasonable time, a time that is not manifestly unreasonable may be fixed by agreement.

3. The presence in certain provisions of this chapter of the phrase “unless otherwise agreed”, or words of similar import, does not imply that the effect of other provisions may not be varied by agreement under this section. 2007 Acts, ch 41, §22 Referred to in §554.5103, 554.12204, 554.13518, 554.13519, 554.13527, 554.13528 \n

Notes of Decisions

Cited in 1 case, 2015–2015 · leading case: Williams v. Mid-Iowa Equip., Inc., 223 F. Supp. 3d 866 (S.D. Iowa 2015).

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Williams v. Mid-Iowa Equip., Inc., 223 F. Supp. 3d 866 (S.D. Iowa 2015). · cites it 2× “Iowa Code § 554.1302 (2). This mirrors the general principle of contract law that an “implied duty good faith and fair dealing .”

Annotations are extracted automatically from the opinions in the Syfert caselaw corpus and ranked by authority, recency, and treatment. Dots show Syfertize treatment of the citing case itself.