reglab/housing_qa huggingface dataset:
IA Code § 536.9 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 536 - REGULATED LOANS|Section 536.9 - Disciplinary action.

536.9 Disciplinary action.   1. The superintendent may, after notice and hearing pursuant to chapter 17A, take disciplinary action against a licensee if the superintendent finds any of the following:   a. The licensee has violated a provision of this chapter or a rule adopted under this chapter or any other state or federal law, rule, or regulation applicable to the conduct of its business.   b. A fact or condition exists which would have warranted the superintendent to refuse to originally issue the license.   c. The licensee has failed to pay the annual license fee or to maintain in effect the bond or bonds required under the provisions of this chapter.   d. The licensee is insolvent.   e. The licensee has violated an order of the superintendent.   2. The superintendent may impose one or more of the following disciplinary actions against a licensee:   a. Revoke a license.   b. Suspend a license until further order of the superintendent or for a specified period of time.   c. Impose a period of probation under specified conditions.   d. Impose civil penalties in an amount not to exceed five thousand dollars for each violation.   e. Issue a citation and warning respecting licensee behavior.   f. Order the licensee to pay restitution.   3. The superintendent may order an emergency suspension of a licensee’s license pursuant to section 17A.18A. A written order containing the facts or conduct which warrants the emergency action shall be timely sent to the licensee by restricted certified mail. Upon issuance of the suspension order, the licensee must also be notified of the right to an evidentiary hearing. A suspension proceeding shall be promptly instituted and determined.   4. Except as provided in this section, a license shall not be revoked or suspended except after notice and a hearing thereon in accordance with chapter 17A.   5. A licensee may surrender a license by delivering to the superintendent written notice of surrender, but a surrender does not affect the licensee’s civil or criminal liability for acts committed before the surrender.   6. A revocation, suspension, or surrender of a license does not impair or affect the obligation of a preexisting lawful contract between the licensee and any person, including a borrower.  [C24, 27, 31, §9436; C35, §9438-f9; C39, §9438.09; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §536.9]  2008 Acts, ch 1160, §27
IA Code § 536.11 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 536 - REGULATED LOANS|Section 536.11 - Records — annual report by licensee.

536.11 Records — annual report by licensee.   1. The licensee shall keep such books, accounts, and records as the superintendent may require in order to determine whether such licensee is complying with the provisions of this chapter and with the rules and regulations lawfully made by the superintendent under this chapter. Every licensee shall preserve for at least two years after making the last entry on any loan recorded therein all books, accounts, and records, including cards used in the card system, if any.   2. Each licensee shall annually on or before the fifteenth day of April file a report with the superintendent giving such relevant information as the superintendent reasonably may require concerning the business and operations during the preceding calendar year of the licensed places of business conducted by such licensee within the state. Such report shall be made under oath and shall be in the form prescribed by the superintendent who shall make and publish annually an analysis and recapitulation of such reports.   3. Each licensee making residential mortgage loans shall submit to the nationwide mortgage licensing system and registry reports of condition, which shall be in such form and shall contain such information as the nationwide mortgage licensing system and registry may require. For purposes of this subsection, “nationwide mortgage licensing system and registry” and “residential mortgage loan” mean the same as defined in section 535D.3.  [C24, 27, 31, §9434; C35, §9438-f11; C39, §9438.11; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §536.11]  2008 Acts, ch 1160, §28; 2009 Acts, ch 61, §42, 47; 2020 Acts, ch 1063, §309  Subsection 1 amended
IA Code § 536.12 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 536 - REGULATED LOANS|Section 536.12 - Restrictions on practices.

536.12 Restrictions on practices.   1. No licensee shall conduct the business of making loans under the provisions of this chapter within any office, room, suite or place of business in which any other business is solicited or engaged in, or in association or conjunction therewith, except as may be authorized in writing by the superintendent upon the superintendent’s finding that the character of such other business is such that the granting of such authority would not facilitate evasions of this chapter or of the rules lawfully made by the superintendent hereunder.   2. No licensee shall make any loan provided for by this chapter under any other name or at any other place of business than that named in the license.   3. No licensee shall take any instrument in which blanks are left to be filled in after execution.   4. No licensee shall agree to obtain or arrange a residential mortgage for a potential borrower from a third person, unless the licensee also has a mortgage broker license and complies with all of the provisions of chapter 535B.  [C24, 27, 31, §9426, 9432; C35, §9438-f12; C39, §9438.12; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §536.12]  2008 Acts, ch 1160, §29  Referred to in §536.19
IA Code § 536.14 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 536 - REGULATED LOANS|Section 536.14 - Rights of borrower — payments.

536.14 Rights of borrower — payments.   Every licensee, in addition to complying with requirements of the Iowa consumer credit code, chapter 537, respecting consumer loans, shall:   1. Permit payment to be made in advance in any amount on any contract of loan at any time, but the licensee may apply such payment first to all interest or charges up to the date of such payment.   2. Upon repayment of the loan in full, mark indelibly every obligation and security other than a mortgage signed by the borrower with the word “paid” or “canceled”, and release any security interest which no longer secures a loan to the licensee, restore any collateral, return any note and any assignment given to the licensee by the borrower.   3. Display prominently in each licensed place of business an accurate schedule, to be approved by the superintendent, of the charges currently to be made upon all loans.  [C24, 27, 31, §9425; C35, §9438-f14; C39, §9438.14; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §536.14]  2003 Acts, ch 44, §114  Referred to in §536.19  Security interest, see §554.1201, subsection 2, paragraph ai
IA Code § 536.15 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 536 - REGULATED LOANS|Section 536.15 - Limitation on principal amount.

536.15 Limitation on principal amount.   A licensee shall not directly or indirectly charge, contract for, or receive any interest or consideration greater than the lender would be permitted by law to charge if the lender were not a licensee upon the loan, use, or forbearance of money, goods, or things in action, or upon the loan, use, or sale of credit, of the amount or value of more than the threshold amount. This section also applies to a licensee who permits a person, as borrower or as endorser, guarantor, or surety for a borrower, or otherwise, to owe directly or contingently or both to the licensee at any time the sum of more than the threshold amount for principal. For the purposes of this section, “threshold amount” means the same as defined in section 537.1301.  [C24, 27, 31, §9424; C35, §9438-f15; C39, §9438.15; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §536.15]  85 Acts, ch 158, §5; 2014 Acts, ch 1037, §10
IA Code § 536.16 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 536 - REGULATED LOANS|Section 536.16 - Nonresident licensees — face-to-face solicitation.

536.16 Nonresident licensees — face-to-face solicitation.   Notwithstanding other provisions of this chapter to the contrary, a person who 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 section 536.10 to the extent it requires the superintendent to make an examination of the affairs, place of business, and records of the person on a periodic basis.  [C75, 77, 79, 81, §536.16]  89 Acts, ch 257, §28; 2006 Acts, ch 1042, §39; 2008 Acts, ch 1160, §30, 31
IA Code § 536.19 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 536 - REGULATED LOANS|Section 536.19 - Violations.

536.19 Violations.   Any person, partnership, association, or corporation and the several members, officers, directors, agents, and employees thereof, who shall violate or participate in the violation of any of the provisions of section 536.1, 536.12, 536.13 or 536.14, which are not also violations of chapter 537, article 5, part 3, of the Iowa consumer credit code, shall be guilty of a serious misdemeanor. Violations of the Iowa consumer credit code, chapter 537, shall be subject to the penalties provided therein.  [C24, 27, 31, §9435; C35, §9438-f19; C39, §9438.19; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §536.19]  2003 Acts, ch 44, §114; 2008 Acts, ch 1032, §106; 2011 Acts, ch 25, §67
IA Code § 536.20 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 536 - REGULATED LOANS|Section 536.20 - Nonapplicability of statute.

536.20 Nonapplicability of statute.   This chapter shall not apply to any person doing business under and as permitted by any law of this state or of the United States relating to banks, trust companies, building and loan associations, credit unions or licensed pawnbrokers, nor shall it apply to any domestic corporation entitled to the benefits of chapter 536A.  [C35, §9438-f20; C39, §9438.20; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §536.20]
IA Code § 536.21 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 536 - REGULATED LOANS|Section 536.21 - Rules.

536.21 Rules.   The superintendent is hereby authorized and empowered to make such reasonable and relevant rules as may be necessary for the execution and the enforcement of the provisions of this chapter, in addition hereto and not inconsistent herewith. All rules shall be filed and entered by the superintendent in the banking division of the department of commerce in an indexed, permanent book or record, with the effective date thereof suitably indicated, and such book or record shall be a public document.  [C35, §9438-f21; C39, §9438.21; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §536.21]
IA Code § 536.22 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 536 - REGULATED LOANS|Section 536.22 - Assistants.

536.22 Assistants.   The superintendent of banking is hereby authorized to employ such competent help as the superintendent deems necessary to carry out and perform the provisions of this chapter, and is hereby authorized and empowered to pay such persons so employed from the license fees, examination fees, and investigation fees referred to in section 536.2.  [C35, §9438-f22; C39, §9438.22; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §536.22]
IA Code § 536.23 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 536 - REGULATED LOANS|Section 536.23 - Judicial review.

536.23 Judicial review.   Judicial review of the actions of the superintendent may be sought in accordance with the terms of the Iowa administrative procedure Act, chapter 17A.  [C35, §9438-f23; C39, §9438.23; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §536.23]  2003 Acts, ch 44, §114; 2004 Acts, ch 1141, §34; 2006 Acts, ch 1042, §40
IA Code § 536.24 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 536 - REGULATED LOANS|Section 536.24 - List of licensees by banking superintendent.

536.24 List of licensees by banking superintendent.   The superintendent of banking shall, in listing the names of licensees under this chapter, indicate if the licensee is one of a chain of two or more such licensees, the name of the owner and the address of the principal place of business of each owner, a summary of individual reports of each such licensed office indicating its location, the name of licensee, capital, surplus, reserves, loans receivable, cash and due from banks, real estate, borrowed money, net worth, total assets, total liabilities and such other pertinent and related information as may be necessary or desirable to give a correct and full picture of the total assets and total liabilities of each such licensee.  [C62, 66, 71, 73, 75, 77, 79, 81, §536.24]
IA Code § 536.25 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 536 - REGULATED LOANS|Section 536.25 - Statement of indebtedness of borrower.

536.25 Statement of indebtedness of borrower. Repealed by  2006 Acts, ch 1042, §42  .
IA Code § 536.26 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 536 - REGULATED LOANS|Section 536.26 - Insured loans.

536.26 Insured loans.   1. A licensee shall not, directly or indirectly, sell or offer for sale any life or accident and health insurance in connection with a loan made under this chapter except as and to the extent authorized by this section. Life, accident and health insurance, or any of them, may be written by a licensed insurance producer upon or in connection with any loan for a term not extending beyond the final maturity date of the loan contract, but only upon one obligor on any one loan contract.   2. The amount of life insurance shall at no time exceed the unpaid balance of principal and interest combined which are scheduled to be outstanding under the terms of the loan contract or the actual amount unpaid on the loan contract, whichever is greater.   3. Accident and health insurance shall provide benefits not in excess of the unpaid balance of principal and interest combined which are scheduled to be outstanding under the terms of the loan contract and the amount of each periodic benefit payment shall not exceed the total amount payable divided by the number of installments and shall provide that if the insured obligor is disabled, as defined in the policy, for a period of more than fourteen days, benefits shall commence as of the first day of disability.   4. The premium, which shall be the only charge for the insurance, shall not exceed that approved by the commissioner of insurance of the state of Iowa as filed in the office of such commissioner. Such charge, computed at the time the loan is made for the full term of the loan contract on the total amount required to pay principal and interest.   5. If a borrower procures insurance by or through a licensee, the licensee shall cause to be delivered to the borrower a copy of the policy within fifteen days from the date such insurance is procured. No licensee shall decline new or existing insurance which meets the standards set out herein nor prevent any obligor from obtaining such insurance coverage from other sources.   6. If the loan contract is prepaid in full by cash, a new loan, or otherwise, except by the insurance, any life, accident, and health insurance procured by or through a licensee shall be canceled and the unearned premium shall be refunded. The amount of the refund shall represent at least as great a proportion of the insurance premium or identifiable charge as the sum of the consecutive monthly balances of principal and interest of the loan contract originally scheduled to be outstanding after the installment date nearest the date of prepayment bears to the sum of all such monthly balances of the loan contract originally scheduled to be outstanding.  [C66, 71, 73, 75, 77, 79, 81, §536.26]  85 Acts, ch 158, §7; 2001 Acts, ch 16, §33, 37; 2016 Acts, ch 1011, §106
IA Code § 536.27 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 536 - REGULATED LOANS|Section 536.27 - Insurance related to property of borrower.

536.27 Insurance related to property of borrower.   A licensee may sell the borrower insurance against loss of or damage to property owned by the borrower or loss from liability arising out of the ownership or use of property owned by the borrower. When the transaction is a consumer credit transaction as defined in section 537.1301 the sale of property insurance is subject to the requirements of sections 537.2501 and 537.2510 and the rules adopted under those sections by the administrator of the Iowa consumer credit code, chapter 537.  85 Acts, ch 158, §9; 2003 Acts, ch 44, §114
IA Code § 536.28 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 536 - REGULATED LOANS|Section 536.28 - Definitions.

536.28 Definitions.   As used in this chapter, unless the context otherwise requires:   1. “Administrator” means the person designated in section 537.6103.   2. “Consumer loan” means a loan as defined in section 537.1301.   3. “Licensee” means a person licensed under this chapter.   4. “Superintendent” means the state superintendent of banking.  [C75, 77, 79, 81, §536.28]  85 Acts, ch 158, §8; 2004 Acts, ch 1141, §34; 2005 Acts, ch 3, §117, 118; 2006 Acts, ch 1042, §41
IA Code § 536.29 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 536 - REGULATED LOANS|Section 536.29 - Enforcement of Iowa consumer credit code.

536.29 Enforcement of Iowa consumer credit code.   1. The superintendent shall enforce the Iowa consumer credit code, chapter 537, with respect to licensees, as provided in sections 537.2303, 537.2305 and 537.6105.   2. The superintendent shall cooperate with the administrator, and shall assist the administrator whenever necessary to provide for the discharge of the duties of the administrator.   3. Notwithstanding other provisions of this chapter to the contrary, the superintendent shall authorize to be furnished to the administrator, access to or copies of records in the possession of the superintendent or other persons which relate to a person licensed under this chapter, when necessary to enable the administrator to enforce chapter 537.   4. The superintendent shall make an annual report in writing to the administrator. A copy of the report shall be furnished at cost by the superintendent to each licensee or other person upon request. The annual report shall contain:   a. A summary of license applications approved or denied by the superintendent since the last report.   b. A summary of the assets, liabilities and capital structure of all licensees, and volume of consumer installment of credit outstanding per licensee, as of December 31 of the year for which the report is made.   c. An estimate of the disbursements of agency funds for consumer credit protection during the calendar year ending the preceding December 31.   d. Information which the superintendent may deem appropriate and advisable to disclose.   e. Information which the administrator may require to be included.  [C75, 77, 79, 81, §536.29]  2003 Acts, ch 44, §114
IA Code § 536.30 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 536 - REGULATED LOANS|Section 536.30 - Powers and duties of the superintendent — nationwide system.

536.30 Powers and duties of the superintendent — nationwide system.   In addition to any other duties imposed upon the superintendent by law, the superintendent may require applicants and licensees to be licensed through the nationwide mortgage licensing system and registry as defined in section 535D.3. In order to carry out this requirement, the superintendent may participate in the nationwide mortgage licensing system and registry. For this purpose, the superintendent may establish by rule or order new requirements as necessary, including but not limited to requirements that applicants, including officers and directors and those who have control of the applicant, submit to fingerprinting and criminal history checks, and pay fees therefor.  2009 Acts, ch 61, §43, 47
IA Code § 536A.1 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 536A - INDUSTRIAL LOANS|Section 536A.1 - Title.

536A.1 Title.   This chapter may be referred to as the “Iowa Industrial Loan Law”.  [C66, 71, 73, 75, 77, 79, 81, §536A.1]
IA Code § 536A.2 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 536A - INDUSTRIAL LOANS|Section 536A.2 - Definitions.

536A.2 Definitions.   The following words and terms when used in this chapter shall have the following meanings unless the context clearly requires a different meaning:   1. “Administrator” means the person designated in section 537.6103.   2. “Affiliate” means the same as defined in 12 U.S.C. §1841(k).   3. “Commercial activities” means activities in which an industrial loan company is not specifically authorized to engage under the provisions of this chapter.   4. “Control” means the same as provided in 12 U.S.C. §1841(a)(2).   5. “Corporation” shall mean any corporation for pecuniary profit organized under the laws of the state of Iowa.   6. “Industrial loan company” shall mean a corporation operating under the provisions of this chapter and engaged in the business of loaning money to be repaid in one payment or in weekly, monthly or other periodic installments and the charging, receiving or requiring of interest, discount, fees, compensation or charges of whatever nature or kind for the use of such money and for the services to be rendered to the borrower in connection with the loan. The term “industrial loan company” shall not include those businesses specifically exempted in section 536A.5.   7. “License” shall mean a permit or authorization issued or required under the provisions of this chapter to make loans in accordance with this chapter at a single location or place of business.   8. “Licensee” means a person licensed under this chapter.   9. “Superintendent” means the superintendent of banking within the banking division of the department of commerce.  [C66, 71, 73, 75, 77, 79, 81, §536A.2]  86 Acts, ch 1245, §757; 94 Acts, ch 1023, §68; 2006 Acts, ch 1015, §12  Referred to in §714H.4
IA Code § 536A.3 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 536A - INDUSTRIAL LOANS|Section 536A.3 - License.

536A.3 License.   With respect to a loan other than a consumer loan, a person shall not engage in the business of operating an industrial loan company in this state without first having obtained a license from the superintendent. With respect to a consumer loan, a person required by section 537.2301 to have a license is not authorized to engage in the business of operating an industrial loan company without first obtaining a license from the superintendent. A person that enters into less than ten supervised loans per year in this state and that neither has an office physically located in this state nor engages in face-to-face solicitation in this state may contract for and receive the rate of interest permitted in this chapter for licensees in this chapter. A “consumer loan” means the same as defined in section 537.1301.  [C66, 71, 73, 75, 77, 79, 81, §536A.3]  86 Acts, ch 1245, §758  Referred to in §536A.27
IA Code § 536A.4 (2021)
2021 Iowa Code|Title XIII - COMMERCE|Chapter 536A - INDUSTRIAL LOANS|Section 536A.4 - Limitations.

536A.4 Limitations.   A license shall not be issued to any individual, partnership, nonprofit organization, or unincorporated association. A license shall not be issued to an applicant that engages in commercial activities directly or through an affiliate. Not more than one place of business where loans are made shall be maintained under the same license but the superintendent may issue more than one license to the same licensee upon compliance, for each such additional license, with all the provisions of this chapter governing an original issuance of a license.  [C66, 71, 73, 75, 77, 79, 81, §536A.4]  2006 Acts, ch 1015, §13