Iowa Code § 537.2601

Current through bills signed by governor as of 5/17/2024
Section 537.2601 - Charges for other credit transactions
1. With respect to a credit transaction other than a consumer credit transaction, the parties may contract for the payment by the debtor of any finance or other charge as permitted by law.
2. With respect to a credit transaction which would be a consumer credit transaction if a finance charge were made, a charge for delinquency may not exceed amounts allowed for finance charges for consumer credit sales pursuant to open-end credit.

Iowa Code § 537.2601

C75, 77, 79, 81, § 537.2601 2003 Acts, 1st Ex, ch 1, §126, 1332003 Acts, 1st Ex, ch 1, §126, 133, amendment to subsection 1 rescinded pursuant to Rants v. Vilsack, 684 N.W.2d 1932004 Acts, 1st Ex, ch 1001, §22, 23

Referred to in §537.5201