535.4 Illegal rate prohibited — usury.
78 words·~1 min read·
/ia/chapter-535-money-and-interest/535-4·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
No person shall, directly or indirectly, receive in money or in any other thing, or in any manner, any greater sum or value for the loan of money, or upon contract founded upon any sale or loan of real or personal property, than is in this chapter prescribed.
[R60, §1790; C73, §2079; C97, §3040; C24, 27, 31, 35, 39, §9406; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, S79, C81, §535.4]
Referred to in §535.2