Iowa § 421B.3 - 421B.3 Sales at less than cost — penalties.
Full text of Iowa Iowa Code § 421B.3 — 421B.3 Sales at less than cost — penalties., with citation guidance and answers to common questions.
§ 421B.3. 421B.3 Sales at less than cost — penalties.
1. It shall be unlawful for any wholesaler or retailer to offer to sell, or sell, at wholesale or retail, cigarettes at less than cost to such wholesaler or retailer, as the case may be, as defined in this chapter. Any wholesaler or retailer who violates the provisions of this section shall be guilty of a simple misdemeanor. 2. Evidence of advertisement, offering to sell, or sale of cigarettes by any wholesaler or retailer at less than cost to the wholesaler or retailer as defined by this chapter shall be evidence of a violation of this chapter. 3. a. The following civil penalties shall be imposed for a violation of this section: (1) A two hundred dollar penalty for the first violation. (2) A five hundred dollar penalty for a second violation within three years of the first violation. (3) A thousand dollar penalty for a third or subsequent violation within three years of the first violation. b. Each day a violation occurs counts as a new violation for purposes of this subsection. c. The civil penalty imposed under this subsection is in addition to the penalty imposed under subsection 1. Penalties collected under this subsection shall be deposited into the general fund of the state. [C50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §551A.3] C93, §421B.3 2007 Acts, ch 186, §32; 2009 Acts, ch 133, §134 Fri Dec 12 20:18:28 2025 Iowa Code 2026, Section 421B.3 (18, 0)
Source: official Iowa text · Last verified 2026-08-27
Frequently Asked Questions About Iowa § 421B.3
What does Iowa Code § 421B.3 cover?
Section 421B.3 ("421B.3 Sales at less than cost — penalties.") is part of the Iowa Code, the codified statutory law of Iowa. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Iowa § 421B.3?
A common citation format is "Iowa Code § 421B.3" (Iowa). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Iowa law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Iowa official source linked on this page or consult a licensed Iowa attorney.
How does Iowa § 421B.3 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Iowa can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Iowa.