§ 557b-1

557B.1 Definitions. As used in this chapter, unless the context otherwise requires:1. 'Advertisement' means an attempt by publication, dissemination, solicitation, or circulation to induce directly or indirectly any person to enter into an obligation or acquire atitle or interest in a membership camping contract. 2. 'Affiliate' means any person who, directly or indirectly through one or more intermediaries, controls or is controlled by or is under common control with the personspecified. 3. 'Blanket encumbrance' means any mortgage, deed of trust, option to purchase, vendor’s lien or interest under a contract or agreement of sale, judgment lien, federal orstate tax lien, or any other material lien or encumbrance which secures or evidences theobligation to pay money or to sell or convey all or part of a campground located in this state,made available to purchasers by the membership camping operator, and which authorizes,permits, or requires the foreclosure or other disposition of the campground. 'Blanket encumbrance' also includes the lessor’s interest in a lease of all or part of a campgroundwhich is located in this state and which is made available to purchasers by a

ion of the campground. 'Blanket encumbrance' also includes the lessor’s interest in a lease of all or part of a campgroundwhich is located in this state and which is made available to purchasers by a membershipcamping operator. 'Blanket encumbrance' does not include a lien for taxes or assessmentslevied by a public body which are not yet due and payable. 4. 'Business day' means any day except Saturday, Sunday, or a legal holiday.5. 'Campground' means real property made available to persons for camping, whether by tent, trailer, camper, cabin, recreational vehicle, or similar device and includes theoutdoor recreational facilities located on the real property. 'Campground' does not includea manufactured home community or mobile home park as defined in section 435.1. 6. 'Controlling persons of a membership camping operator' means each director and officer and each owner of twenty-five percent or more of the stock of the operator, if theoperator is a corporation; and each general partner and each owner of twenty-five percent ormore of the partnership or other interests, if the operator is a general or limited partnership;or other person doing business as a membership camping operator.

nd each owner of twenty-five percent ormore of the partnership or other interests, if the operator is a general or limited partnership;or other person doing business as a membership camping operator. 7. 'Membership camping contract' means an agreement offered or sold within this state evidencing a purchaser’s right to use a campground of a membership camping operator formore than thirty days during the term of the agreement. 8. 'Membership camping operator' or 'operator' means any person other than one who is tax exempt under section 501(c)(3) of the Internal Revenue Code, as defined in section422.3, who owns or operates a campground and offers or sells membership camping contractspaid for by a fee or periodic payments. 'Membership camping operator' does not include theoperator of a manufactured home community or mobile home park as defined in chapter 435. 9. 'Offer' means an inducement, solicitation, or attempt to encourage a person to acquire a membership camping contract. 10. 'Purchaser' means a person who enters into a membership camping contract with a membership camping operator and obtains the right to use the campground owned oroperated by the membership camping operator.

haser' means a person who enters into a membership camping contract with a membership camping operator and obtains the right to use the campground owned oroperated by the membership camping operator. 87 Acts, ch 181, §5; 2001 Acts, ch 153, §16 Sat Dec 23 11:05:12 2023 Iowa Code 2024, Section 557B.1 (14, 0)