Iowa Code § 15E.26
This is the official text of Iowa Code § 15E.26, part of Iowa’s Code — part of the compiled statutory law of Iowa, published by the state as "Code." Browse the sections below, each linked to its official government source.
Not legal advice. This page reproduces the official text of a government statute for reference only. Laws change, and how a statute applies depends on your specific facts. For advice about your situation, consult a licensed attorney in your state.
Definitions.
Official statutory text
For purposes of this subchapter, unless the context otherwise requires:
(1) “Affiliate” means a spouse, child, or sibling of an investor or a corporation, partnership, or trust in which an investor has a controlling equity interest or in which an investor exercises management control.
(2) “Authority” means the economic development authority created in section 15.105.
(3) “Entrepreneurial assistance program” includes the entrepreneur investment awards program administered under section 15E.362, the receipt of services from a service provider engaged pursuant to section 15.411, subsection 1, or the program administered under section 15.411, subsection 2.
(4) “Investment” means a minimum cash investment of ten thousand dollars in a qualifying business.
(5) “Investor” means a person making a cash investment in a qualifying business. “Investor” does not include a person that holds at least a seventy percent ownership interest as an owner, member, or shareholder in a qualifying business.
(6) “Qualifying business” means a business meeting the criteria defined in section 15E.28.
(7) “Rural area” means a city that has a population of fifteen thousand or less based on the most recent decennial census released by the United States census bureau.
(8) “Urban area” means a city that has a population of greater than fifteen thousand based on the most recent decennial census released by the United States census bureau.
2025 Acts, ch 136, §61
(1) “Affiliate” means a spouse, child, or sibling of an investor or a corporation, partnership, or trust in which an investor has a controlling equity interest or in which an investor exercises management control.
(2) “Authority” means the economic development authority created in section 15.105.
(3) “Entrepreneurial assistance program” includes the entrepreneur investment awards program administered under section 15E.362, the receipt of services from a service provider engaged pursuant to section 15.411, subsection 1, or the program administered under section 15.411, subsection 2.
(4) “Investment” means a minimum cash investment of ten thousand dollars in a qualifying business.
(5) “Investor” means a person making a cash investment in a qualifying business. “Investor” does not include a person that holds at least a seventy percent ownership interest as an owner, member, or shareholder in a qualifying business.
(6) “Qualifying business” means a business meeting the criteria defined in section 15E.28.
(7) “Rural area” means a city that has a population of fifteen thousand or less based on the most recent decennial census released by the United States census bureau.
(8) “Urban area” means a city that has a population of greater than fifteen thousand based on the most recent decennial census released by the United States census bureau.
2025 Acts, ch 136, §61
Status: in_force · Read it on the official government site
Need a lawyer in Iowa?
Find a Iowa lawyer
About this page: Statute text is reproduced from official government publishers via the
Open US Law dataset
(Vaquill AI, snapshot v2026.08, CC BY 4.0). Primary legislative text like this is public domain under the government-edicts doctrine
(Georgia v. Public.Resource.Org, 2020). We link every section back to its official source so you can verify it independently.