# Iowa Code § 502A.2: Unlawful commodity transactions

> Iowa · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_IA_TXII_C502A_S502A.2

## Section

- **Citation:** Iowa Code § 502A.2
- **Heading:** Unlawful commodity transactions
- **Jurisdiction:** Iowa
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** IA Code / Title XII / Chapter 502A / Section 502A.2

## Text

Except as otherwise provided in section 502A.3 or 502A.4, a person shall not sell or purchase, or offer to sell or purchase, a commodity under a commodity contract, or under a commodity option, or offer to enter into, or enter into as seller or purchaser, a commodity contract or commodity option.

90 Acts, ch 1169, §2

## Nearby sections

- [Iowa Code § 502A.1 Definitions.](https://www.frixlaw.com/law-library/statutes/STATE_IA_TXII_C502A_S502A.1.md)
- [Iowa Code § 502A.2 Unlawful commodity transactions.](https://www.frixlaw.com/law-library/statutes/STATE_IA_TXII_C502A_S502A.2.md)
- [Iowa Code § 502A.3 Exempt person transactions.](https://www.frixlaw.com/law-library/statutes/STATE_IA_TXII_C502A_S502A.3.md)
- [Iowa Code § 502A.4 Exempt transactions.](https://www.frixlaw.com/law-library/statutes/STATE_IA_TXII_C502A_S502A.4.md)
- [Iowa Code § 502A.5 Unlawful commodity activities.](https://www.frixlaw.com/law-library/statutes/STATE_IA_TXII_C502A_S502A.5.md)
- [Iowa Code § 502A.6 Fraudulent conduct.](https://www.frixlaw.com/law-library/statutes/STATE_IA_TXII_C502A_S502A.6.md)
- [Iowa Code § 502A.7 Liability of principals, controlling persons, and others.](https://www.frixlaw.com/law-library/statutes/STATE_IA_TXII_C502A_S502A.7.md)
- [Iowa Code § 502A.8 Securities laws unaffected.](https://www.frixlaw.com/law-library/statutes/STATE_IA_TXII_C502A_S502A.8.md)
- [Iowa Code § 502A.9 Purpose.](https://www.frixlaw.com/law-library/statutes/STATE_IA_TXII_C502A_S502A.9.md)
- [Iowa Code § 502A.11 Investigations.](https://www.frixlaw.com/law-library/statutes/STATE_IA_TXII_C502A_S502A.11.md)
- [Iowa Code § 502A.12 Enforcement of chapter.](https://www.frixlaw.com/law-library/statutes/STATE_IA_TXII_C502A_S502A.12.md)
- [Iowa Code § 502A.13 Power of court to grant relief.](https://www.frixlaw.com/law-library/statutes/STATE_IA_TXII_C502A_S502A.13.md)
- [Iowa Code § 502A.14 Criminal penalties.](https://www.frixlaw.com/law-library/statutes/STATE_IA_TXII_C502A_S502A.14.md)
- [Iowa Code § 502A.15 Administration of chapter.](https://www.frixlaw.com/law-library/statutes/STATE_IA_TXII_C502A_S502A.15.md)

---

Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_IA_TXII_C502A_S502A.2. Check the current official text before relying on it. Not legal advice.