536A.31 Applicability of Iowa consumer credit code. 1. The provisions of the Iowa consumer credit code, chapter 537, shall apply to a consumer loan in which the licensee participates or engages, and any violation of the said code shall bea violation of this chapter. 2. Chapter 537, article 2, parts 3, 5, and 6, chapter 537, article 3, and sections 537.3203, 537.3206, 537.3209, 537.3210, 537.3304, 537.3305, and 537.3306 shall apply to any credittransaction, as defined in section 537.1301, in which a licensee participates or engages, andany violation of those parts or sections shall be violations of this chapter. For the purposeof applying the provisions of the Iowa consumer credit code, chapter 537, to those credittransactions, 'consumer loan' shall include a loan for a business purpose. 3. Except as provided in this subsection, the provisions of the Iowa consumer credit code, chapter 537, apply to loans regulated by this chapter and supersede conflicting provisionsof this chapter. Section 537.2402, subsection 1, does not apply to loans regulated by thischapter. [C75, 77, 79, 81, §536A.31]84 Acts, ch 1205, §3; 2003 Acts, ch 44, §114; 2010 Acts, ch 1028, §13; 2013 Acts, ch 30, §134 tion 537.2402, subsection 1, does not apply to loans regulated by thischapter. [C75, 77, 79, 81, §536A.31]84 Acts, ch 1205, §3; 2003 Acts, ch 44, §114; 2010 Acts, ch 1028, §13; 2013 Acts, ch 30, §134 Sat Dec 23 01:39:30 2023 Iowa Code 2024, Section 536A.31 (23, 0)
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