Iowa Code § 714.4 : CRIMINAL LAW AND PROCEDURE — CRIME CONTROL AND CRIMINAL ACTS — THEFT, FRAUD, AND RELATED OFFENSES — Claim of right

No person who takes, obtains, disposes of, or otherwise uses or acquires property, is guilty of theft by reason of such act if the person reasonably believes that the person has a right, privilege or license to do so, or if the person does in fact have such right, privilege or license.