535.7 Assignee of usurious contract.
Any assignee of a usurious contract, becoming such in good faith in the usual course of business and without notice of such fact, may recover of the usurer the full amount of the consideration paid by the assignee therefor, less any sum that may have been realized on the contract, anything in this chapter contained to the contrary notwithstanding.
[R60, §1792; C73, §2081; C97, §3042; C24, 27, 31, 35, 39, §9409; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, S79, C81, §535.7]
Structure Iowa Code
Chapter 535 - MONEY AND INTEREST
Section 535.1 - Denominations of money.
Section 535.2 - Rate of interest.
Section 535.3 - Interest rate — judgments and decrees — periodic compensation payments.
Section 535.4 - Illegal rate prohibited — usury.
Section 535.5 - Penalty for usury.
Section 535.7 - Assignee of usurious contract.
Section 535.8 - Loan charges limited.
Section 535.9 - Prepayment penalties on loans secured by real estate mortgages prohibited.
Section 535.10 - Home equity line of credit.
Section 535.11 - Finance charge on accounts receivable.
Section 535.12 - Loans by agricultural credit corporation.
Section 535.14 - Prompt crediting of payment on loans secured by residential real property.
Section 535.15 - Open-end credit and credit card disclosure.
Section 535.16 - Delivery of copies of debt documents.
Section 535.17 - Requirements of credit agreements — statute of frauds — modifications.
Section 535.18 - Consumer credit terms for service members — enforcement.