554.3505 Evidence of dishonor. 1. The following are admissible as evidence and create a presumption of dishonor and of any notice of dishonor stated: a. a document regular in form as provided in subsection 2 which purports to be a protest;b. a purported stamp or writing of the drawee, payor bank, or presenting bank on or accompanying the instrument stating that acceptance or payment has been refused unlessreasons for the refusal are stated and the reasons are not consistent with dishonor; c. a book or record of the drawee, payor bank, or collecting bank, kept in the usual course of business which shows dishonor, even if there is no evidence of who made the entry. 2. A protest is a certificate of dishonor made by a United States consul or vice consul, or a notarial officer as provided in chapter 9B or other person authorized to administer oaths bythe law of the place where dishonor occurs. It may be made upon information satisfactoryto that person. The protest must identify the instrument and certify either that presentmenthas been made or, if not made, the reason why it was not made, and that the instrument hasbeen dishonored by nonacceptance or nonpayment. st identify the instrument and certify either that presentmenthas been made or, if not made, the reason why it was not made, and that the instrument hasbeen dishonored by nonacceptance or nonpayment. The protest may also certify that noticeof dishonor has been given to some or all parties. 94 Acts, ch 1167, §72, 121, 122; 2012 Acts, ch 1050, §46, 60; 2013 Acts, ch 140, §99Referred to in §9B.5 Sat Dec 23 01:57:04 2023 Iowa Code 2024, Section 554.3505 (26, 0)
Iowa Legal Code