499A.101 Definitions. As used in this subchapter, unless the context otherwise requires: 1. 'Advisor' means a member of the association’s advisory committee. 2. 'Association' means a sweat equity housing cooperative association created pursuant to this subchapter. 3. 'Authority' means a local housing authority created pursuant to section 499A.102. 4. 'Low income' means the income of 'very low income families' as defined in section 16.1. 5. 'Partner' means a low-income sweat equity member of the association, and member of the sweat equity partners’ committee. 6. 'Sweat equity' means any contribution made by a partner to the operations of the association, including but not limited to physical labor. 90 Acts, ch 1120, §1
Iowa Legal Code