State Codes and Statutes
Statutes > Iowa > Title-13 > Subtitle-1 > Chapter-523h > 523h-10 523H.10 DUTY OF GOOD FAITH. A franchise imposes on the parties a duty of good faith in performance and enforcement of the franchise agreement. "Good faith" means honesty in fact and the observance of reasonable commercial standards of fair dealing in the trade.
Section History: Recent Form 92 Acts, ch 1134, § 10
