536A.30 Nonresident licensees — face-to-face solicitation.
133 words·~1 min read·
/ia/chapter-536a-industrial-loans/536a-30·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
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