Iowa § 99B.15 - 99B.15 Prizes awarded by licensed qualified organizations.
Full text of Iowa Iowa Code § 99B.15 — 99B.15 Prizes awarded by licensed qualified organizations., with citation guidance and answers to common questions.
§ 99B.15. 99B.15 Prizes awarded by licensed qualified organizations.
1. Unless otherwise provided, a prize awarded by a licensed qualified organization shall comply with the following requirements: a. Only merchandise prizes whose value does not exceed ten thousand dollars may be awarded for games of skill and games of chance. If a prize consists of more than one item, unit, or part, the aggregate value of all items, units, or parts shall not exceed ten thousand dollars. b. A merchandise prize shall not be repurchased. c. No prize shall be displayed which cannot be won. d. A cash prize may only be awarded in bingo and raffles. e. A prize shall be distributed on the day the prize is won, except that if the winner is not present, notification to the winner shall be made as soon as practical. 2. A licensed qualified organization awarding a prize for bingo is subject to the restrictions provided in section 99B.21. A licensed qualified organization awarding a prize for a raffle is subject to the restrictions provided in section 99B.24. 2015 Acts, ch 99, §32, 56 Former §99B.15 transferred to §99B.4; 2015 Acts, ch 99, §56 Wed Dec 10 22:37:11 2025 Iowa Code 2026, Section 99B.15 (32, 0)
Source: official Iowa text · Last verified 2026-08-27
Frequently Asked Questions About Iowa § 99B.15
What does Iowa Code § 99B.15 cover?
Section 99B.15 ("99B.15 Prizes awarded by licensed qualified organizations.") 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 § 99B.15?
A common citation format is "Iowa Code § 99B.15" (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 § 99B.15 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.