Iowa Code

Iowa Code § 554.2106 (2026)

Definitions: “contract” — “agreement” — “contract for sale” — “sale” — “present sale” — “conforming” to contract — “termination” — “cancellation” — “hybrid transaction”

✓ current as of July 2026

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1. In this Article unless the context otherwise requires “contract” and “agreement” are limited to those relating to the present or future sale of goods. “Contract for sale” includes both a present sale of goods and a contract to sell goods at a future time. A “sale” consists in the passing of title from the seller to the buyer for a price (section 554.2401). A “present sale” means a sale which is accomplished by the making of the contract. 2. Goods or conduct including any part of a performance are “conforming” or conform to the contract when they are in accordance with the obligations under the contract. 3. “Termination” occurs when either party pursuant to a power created by agreement or law puts an end to the contract otherwise than for its breach. On “termination” all obligations which are still executory on both sides are discharged but any right based on prior breach or performance survives. 4. “Cancellation” occurs when either party puts an end to the contract for breach by the other and its effect is the same as that of “termination” except that the canceling party also retains any remedy for breach of the whole contract or any unperformed balance. 5. “Hybrid transaction” means a single transaction involving a sale of goods and: a. the provision of services; b. a lease of other goods; or\n\nTue Dec 09 22:02:40 2025 Iowa Code 2026, Chapter 554 (108, 4) §554.2106, UNIFORM COMMERCIAL CODE 26\n\n c. a sale, lease, or license of property other than goods. [C24, 27, 31, 35, 39, §9930, 9940; C46, 50, 54, 58, 62, §554.1, 554.12; C66, 71, 73, 75, 77, 79, 81, §554.2106] 2022 Acts, ch 1032, §95; 2024 Acts, ch 1023, §16 Referred to in §554.2103, 554.7102, 554.9102, 554.13103

Notes of Decisions

Cited in 7 cases, 1972–2011 · leading case: Top of Iowa Coop. v. Sime Farms, Inc., 608 N.W.2d 454 (Iowa 2000).

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Top of Iowa Coop. v. Sime Farms, Inc., 608 N.W.2d 454 (Iowa 2000). “” Iowa Code § 554.2106 (1). The U.C.C. further provides that “[g]oods must be both existing and identified before any interest in them can pass.”

In Re Gull Air, Inc., 73 B.R. 820 (Bankr. D. Mass. 1987). “It maintains that there was no sale of the aircraft to the Debtor by the Bank because title did not pass to the Debtor.”

Levien Leasing Co. v. Dickey Co., 380 N.W.2d 748 (Iowa Ct. App. 1985). “Iowa Code § 554.2106 (1) (1985). The trial court correctly held that a truck is a good under the Iowa UCC § 554.”

Armour & Co. v. John A. Nard, Armour & Co. v. John A. Nard, 463 F.2d 8 (8th Cir. 1972). “66; Iowa Code § 554.2106 (3). Upon full review of the contract in question we are satisfied that the parties did not intend to eliminate damages for delay in the event the contract was terminated under the “without cause” provision.”

Theus v. Pioneer Hi-Bred Int'l, Inc., 738 F. Supp. 1252 (S.D. Iowa 1990). “Iowa Code § 554.2106 (1) (“ ‘contract for sale’ includes both a present sale of goods and a contract to sell goods at a future time”); § 554.”

Wells Fargo Bank, N.A. v. Innovative AG Serv. Co. (In re Highside Pork, L.L.C.), 450 B.R. 173 (Bankr. D. Iowa 2011). · cites it 2× “” Iowa Code § 554.2106 (1); Production Credit Ass’n of Midlands v.”

In Re HighSide Pork, LLC, 450 B.R. 173 (Bankr. D. Iowa 2011). · cites it 2× “" Iowa Code § 554.2106 (1); Production Credit Ass'n of Midlands v.”

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