537.2507 Attorney fees.
73 words·~1 min read·
/ia/chapter-537-consumer-credit-code/537-2507A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
With respect to a consumer credit transaction, the agreement may not provide for the payment by the consumer of attorney fees. However, in a consumer credit transaction with an amount financed exceeding twenty-five thousand dollars secured by an interest in land, the agreement may provide for the payment by the consumer of reasonable attorney fees. A provision in violation of this section is unenforceable.
[C75, 77, 79, 81, §537.2507]
Referred to in §537.5201