Iowa Code § 537.3402

Current through bills signed by governor as of 5/17/2024
Section 537.3402 - Limitation on default charges

Except for reasonable expenses incurred in realizing on a security interest, the agreement with respect to a consumer credit transaction other than a consumer lease may not provide for any charges as a result of default by the consumer other than those authorized by this chapter. A provision in violation of this section is unenforceable.

Iowa Code § 537.3402

C75, 77, 79, 81, §537.3402

Referred to in §322.20, 537.5201