There is a newer version of the Iowa Code
2022
2021
2020
2019
2018
Other previous versions
View our newest version here

2009 Iowa Code
Title 13 - Commerce
Subtitle 3 - Money and Credit
CHAPTER 537 - CONSUMER CREDIT CODE
537.3610 - BALLOON PAYMENTS PROHIBITED.

        537.3610  BALLOON PAYMENTS PROHIBITED.
         A lessee shall not be required, as a condition to acquiring
      ownership, to make a payment that is more than twice the amount of a
      regular rental payment, or to pay lease payments totaling more than
      the cost to acquire ownership as disclosed pursuant to section
      537.3605.  This section does not apply to payments made pursuant to
      section 537.3608, 537.3612, or 537.3619.
         Section History: Recent Form
         87 Acts, ch 80, §10

Disclaimer: These codes may not be the most recent version. Iowa may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.