Iowa Code § 554.1309

Option to accelerate at will
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A term providing that oneparty or thatparty’s successor ininterest may acceleratepayment or performance or require collateraloradditionalcollateral“atwill” or when the party “deems itselfinsecure” or words of similar import, means that that party has power to do so only if that party in good faith believes that the prospect of payment or performance is impaired. The burden of establishing lack of good faith is on the party against which the power has been exercised. CS2007, §554.1309

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