537A.2  Consideration implied.

All contracts in writing, signed by the party to be bound or by the party's authorized agent or attorney, shall import a consideration.

Section History: Early form

  [C51, § 975; R60, § 1824; C73, § 2113; C97, § 3069; C24, 27, 31, 35, 39, § 9440; C46, 50, 54, 58, 62, 66, 71, 73, § 537.2; C75, 77, 79, 81, § 537A.2]

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