Iowa Gift Law & Honoraria. Office of the General Counsel September 2007. Presentation Overview. Gift Law Statute Definitions General Rule Significant Exceptions Honoraria. The Statute. Chapter 68B of the Iowa Code (Division II, Sections 68B.21 through .26.
Office of the General Counsel
“Public employee” means state employees. All UI employees are public employees. Therefore, it includes:
“Restricted donor” means any one of the following persons:
A “gift” is anything of value in return for which legal consideration of equal or greater value is not given and received.
A public employee (and a member of his/her immediately family) shall not directly, or indirectly, accept or receive any gift (or series of gifts) from a restricted donor.
Likewise, he/she shall not solicit a gift from a restricted donor.