Iowa § 453B.3 - 453B.3 Tax payment required for possession — payment due.
Full text of Iowa Iowa Code § 453B.3 — 453B.3 Tax payment required for possession — payment due., with citation guidance and answers to common questions.
§ 453B.3. 453B.3 Tax payment required for possession — payment due.
1. A dealer shall not possess, distribute, or offer to sell a taxable substance unless the tax imposed under this chapter has been paid as evidenced by a stamp, label, or other official indicia permanently affixed to the taxable substance. 2. Taxes imposed on taxable substances by this chapter are due and payable immediately upon manufacture, production, acquisition, purchase, or possession by a dealer. 3. If the indicia evidencing the payment of the tax imposed on taxable substances under this chapter have not been affixed, the dealer shall have the indicia permanently affixed on the taxable substance immediately after receiving the taxable substance. A stamp, label, or other official indicia shall be used only once and shall not be used after the date of expiration. 4. All excise taxes collected under this chapter by a dealer or any individual are deemed to be held in trust for the state of Iowa. 90 Acts, ch 1251, §39 C91, §421A.3 C93, §453B.3 2004 Acts, ch 1073, §49; 2018 Acts, ch 1041, §127 Fri Dec 12 20:30:48 2025 Iowa Code 2026, Section 453B.3 (19, 0)
Source: official Iowa text · Last verified 2026-08-27
Frequently Asked Questions About Iowa § 453B.3
What does Iowa Code § 453B.3 cover?
Section 453B.3 ("453B.3 Tax payment required for possession — payment due.") 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 § 453B.3?
A common citation format is "Iowa Code § 453B.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 § 453B.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.