557B.4 Exemptions. The following transactions are exempt from registration:1. An offer, sale, or transfer by any one person of not more than one membership camping contract in any twelve-month period. 2. An offer or sale by a government, government agency, or other subdivision of government. 3. A bona fide pledge of a membership camping contract.4. Transactions subject to regulation pursuant to chapter 557A.87 Acts, ch 181, §8Referred to in §502.201, 557B.2 Sat Dec 23 11:05:14 2023 Iowa Code 2024, Section 557B.4 (14, 0)
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