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In Iowa, a non-compete agreement is a way that allows businesses and companies to protect their trade secrets and business interests by receiving a promise from their employees that they will not divulge sensitive trade secrets or company information to competitors. Non-compete agreements are legally enforceable and prevent an employee from spreading sensitive information by exposing them to fines, reparations, and possibly jail time should they violate the agreement.
Iowa Non-Compete Laws - None
The state of Iowa doesn’t have any laws that regulate non-compete agreements, however, Section 523H.8 - Renewal of a Franchise describes that non-compete agreements may not be used against the owner of a franchise when canceling a franchise contract when the owner has at least a six (6) month notice.