2021 Iowa Code
Title XIII - COMMERCE
Chapter 536A - INDUSTRIAL LOANS
Section 536A.30 - Nonresident licensees — face-to-face solicitation.

Universal Citation: IA Code § 536A.30 (2021)

536A.30 Nonresident licensees — face-to-face solicitation.

Notwithstanding other provisions of this chapter to the contrary, a person that neither has an office physically located in this state nor engages in face-to-face solicitation in this state, if authorized by another state to make loans in that state at a rate of finance charge in excess of the rate provided in chapter 535, shall not be subject to the following provisions of this chapter:

1. Section 536A.8.

2. Section 536A.10, subsection 1, paragraphs “b”, “c”, and “d”.

3. Section 536A.15, to the extent it requires the superintendent to make an examination and audit of the books, accounts and records of the licensee on a periodic basis.

[C75, 77, 79, 81, §536A.30]

89 Acts, ch 257, §30; 2002 Acts, ch 1119, §185; 2006 Acts, ch 1042, §47; 2012 Acts, ch 1023, §156

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