537.3307 Certain negotiable instruments prohibited.
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/ia/chapter-537-consumer-credit-code/537-3307A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
With respect to a consumer credit sale or consumer lease, the creditor may not take a negotiable instrument other than a check or credit union share draft dated not later than ten days after its issuance as evidence of the obligation of the consumer.
[C75, 77, 79, 81, §537.3307]
Referred to in §537.3404, 537.5201