Iowa Sample Contracts

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Iowa • December 26th, 1996 • Gencor Industries Inc • Construction machinery & equip
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Contract (written)—ten years, § 614.1(5) Contract (oral) —five years, § 614.1(4) Sale of goods—four years, § 554.2725
Iowa • October 14th, 2015
  • Contract Type
  • Filed
    October 14th, 2015

Creditor did not produce a “written promise by [debtor] to pay money.” Cardholder agreement did not suffice as such; therefore the five year limitations period by § 614.1(4) applied to a suit to recover credit card debt. Gemini Capital Group v. New, 807 N.W.2d 157 (Iowa Ct. App. 2011).

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