536.12 Restrictions on practices.
1. No licensee shall conduct the business of making loans under the provisions of this chapter within any office, room, suite or place of business in which any other business is solicited or engaged in, or in association or conjunction therewith, except as may be authorized in writing by the superintendent upon the superintendent’s finding that the character of such other business is such that the granting of such authority would not facilitate evasions of this chapter or of the rules lawfully made by the superintendent hereunder.
2. No licensee shall make any loan provided for by this chapter under any other name or at any other place of business than that named in the license.
3. No licensee shall take any instrument in which blanks are left to be filled in after execution.
4. No licensee shall agree to obtain or arrange a residential mortgage for a potential borrower from a third person, unless the licensee also has a mortgage broker license and complies with all of the provisions of chapter 535B.
[C24, 27, 31, §9426, 9432; C35, §9438-f12; C39, §9438.12; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §536.12]
2008 Acts, ch 1160, §29
Referred to in §536.19
Structure Iowa Code
Section 536.1 - Title — license required.
Section 536.2 - Application — fees.
Section 536.4 - Grant or refusal of license.
Section 536.5 - License — form — posting.
Section 536.6 - Additional bond — available assets.
Section 536.7 - Separate license — change of name or place of business.
Section 536.7A - Change in control — approval.
Section 536.8 - Annual fee — payment.
Section 536.9 - Disciplinary action.
Section 536.10 - Examination of business — fee.
Section 536.11 - Records — annual report by licensee.
Section 536.12 - Restrictions on practices.
Section 536.14 - Rights of borrower — payments.
Section 536.15 - Limitation on principal amount.
Section 536.16 - Nonresident licensees — face-to-face solicitation.
Section 536.20 - Nonapplicability of statute.
Section 536.23 - Judicial review.
Section 536.24 - List of licensees by banking superintendent.
Section 536.25 - Statement of indebtedness of borrower.
Section 536.26 - Insured loans.
Section 536.27 - Insurance related to property of borrower.
Section 536.29 - Enforcement of Iowa consumer credit code.
Section 536.30 - Powers and duties of the superintendent — nationwide system.