1. “Merchant” means a person who deals in goods of the kind or otherwise by the person’s
occupation holds that person out as having knowledge or skill peculiar to the practices or
goods involved in the transaction or to whom such knowledge or skill may be attributed by the
person’s employment of an agent or broker or other intermediary who by the intermediary’s
occupation holds the intermediary out as having such knowledge or skill.
2. “Financing agency” means a bank, finance company or other person who in the
ordinary course of business makes advances against goods or documents of title or who by
arrangement with either the seller or the buyer intervenes in ordinary course to make or
collect payment due or claimed under the contract for sale, as by purchasing or paying the
seller’s draft or making advances against it or by merely taking it for collection whether
or not documents of title accompany or are associated with the draft. “Financing agency”\n\nTue Dec 09 22:02:40 2025 Iowa Code 2026, Chapter 554 (108, 4)
25 UNIFORM COMMERCIAL CODE, §554.2106\n\nincludes also a bank or other person who similarly intervenes between persons who are in
the position of seller and buyer in respect to the goods (section 554.2707).
3. “Between merchants” means in any transaction with respect to which both parties are
chargeable with the knowledge or skill of merchants.
[S13, §3138-b34, -b36; C24, 27, 31, 35, 39, §8279, 8281; C46, 50, 54, 58, 62, §487.35, 487.37;
C66, 71, 73, 75, 77, 79, 81, §554.2104]
2007 Acts, ch 30, §45, 46, 49
Referred to in §546A.1, 554.2103, 554.9102, 554.13103
\n
Notes of Decisions
Sand Seed Serv., Inc. v. Poeckes, 249 N.W.2d 663 (Iowa 1977).
· cites it 9× “The statute defining merchant (§ 554.2104) now becomes pertinent. We set it out in part: "1.”
Dotts v. Bennett, 382 N.W.2d 85 (Iowa 1986).
· cites it 18× “The issue on appeal from summary judgment in favor of the farmer was whether he was a merchant within the definition in section 554.2104. The pertinent evidence before the court on this issue was the farmer's affidavit setting forth the fact that he sold no crops or livestock…”
Bauer v. Curran, 360 N.W.2d 88 (Iowa 1984).
· cites it 2× “The definition of “merchant” in Iowa Code section 554.2104(1) (1983) incorporates those concepts: “Merchant” means a person who deals in goods of the kind or otherwise by his occupation holds himself out as having knowledge or skill peculiar to the practices or goods involved in…”
Dumont Tel. Co. v. Power & Tel. Supply Co., 962 F. Supp. 2d 1064 (N.D. Iowa 2013).
· cites it 2× “Iowa Code § 554.2104 (1). Because both parties are merchants, the additional arbitration clause in Power & Tel’s invoice automatically becomes part of the head-end contract unless: a.”
Housley v. Orteck Int'l, Inc., 488 F. Supp. 2d 819 (S.D. Iowa 2007).
“§ 554.2104. The Court finds Orteck is a merchant under this definition as it deals in tires, even though it denies that it sold the specific tire in this case.”
Prenger v. Baker, 542 N.W.2d 805 (Iowa 1995).
“purposes, as follows: a person who deals in goods of the kind or otherwise by the person’s occupation holds that person out as having knowledge or skill peculiar to the practices or goods involved in the transaction or to whom such knowledge or skill may be attributed by the…”
— Iowa Code § 554.2104(1) — 4 cases
Dotts v. Bennett, 382 N.W.2d 85 (Iowa 1986).
“The issue on appeal from summary judgment in favor of the farmer was whether he was a merchant within the definition in section 554.2104. The pertinent evidence before the court on this issue was the farmer's affidavit setting forth the fact that he sold no crops or livestock…”
Bauer v. Curran, 360 N.W.2d 88 (Iowa 1984).
“The definition of “merchant” in Iowa Code section 554.2104(1) (1983) incorporates those concepts: “Merchant” means a person who deals in goods of the kind or otherwise by his occupation holds himself out as having knowledge or skill peculiar to the practices or goods involved in…”
Prenger v. Baker, 542 N.W.2d 805 (Iowa 1995).
“purposes, as follows: a person who deals in goods of the kind or otherwise by the person’s occupation holds that person out as having knowledge or skill peculiar to the practices or goods involved in the transaction or to whom such knowledge or skill may be attributed by the…”
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