2009 Iowa Code
Title 13 - Commerce
Subtitle 3 - Money and Credit
CHAPTER 537 - CONSUMER CREDIT CODE
537.7102 - DEFINITIONS.

        537.7102  DEFINITIONS.
         As used in this article, unless the context otherwise requires:
         1.  "Administrator" means the person designated in section
      537.6103.
         2.  "Creditor", for the purposes of this article, means the
      person to whom a debtor is obligated, either directly or indirectly,
      on a debt.
         3.  "Debt" means an actual or alleged obligation arising out
      of a consumer credit transaction, consumer rental purchase agreement,
      or a transaction which would have been a consumer credit transaction
      either if a finance charge was made, if the obligation was not
      payable in installments, if a lease was for a term of four months or
      less, or if a lease was of an interest in land.  A debt includes a
      check as defined in section 554.3104 given in a transaction in
      connection with a consumer rental purchase agreement, in a
      transaction which was a consumer credit sale or in a transaction
      which would have been a consumer credit sale if credit was granted
      and if a finance charge was made, or in a transaction regulated under
      chapter 533D.
         4.  "Debt collection" means an action, conduct or practice in
      soliciting debts for collection or in the collection or attempted
      collection of a debt.
         5.  "Debt collector" means a person engaging, directly or
      indirectly, in debt collection, whether for the person, the person's
      employer, or others, and includes a person who sells, or offers to
      sell, forms represented to be a collection system, device, or scheme,
      intended to be used to collect debts.
         6.  "Debtor", for the purposes of this article, means the
      person obligated.  

         Section History: Early Form

         [C75, 77, 79, 81, § 537.7102] 

         Section History: Recent Form

         87 Acts, ch 137, §3; 89 Acts, ch 128, §4; 95 Acts, ch 139, §17
         Referred to in § 85.27, 537.1303, 537.6201, 715C.1