536A.27 Penalty.
If any officer, director, or agent of any corporation engaged in the business of operating an industrial loan company shall violate any of the provisions of this chapter which are not also violations of the Iowa consumer credit code, chapter 537; or if any person individually or as a partner, or officer, director, or agent of any corporation shall engage in the business of operating an industrial loan company without obtaining the license required by section 536A.3, when that person is not required by section 537.2301 to have a license, the person shall be guilty of a serious misdemeanor. Violations of the Iowa consumer credit code, chapter 537, shall be subject to the penalties provided therein.
[C66, 71, 73, 75, 77, 79, 81, §536A.27]
2003 Acts, ch 44, §114
Structure Iowa Code
Chapter 536A - INDUSTRIAL LOANS
Section 536A.6 - Administration by superintendent.
Section 536A.7 - Application for license.
Section 536A.8 - Capital stock requirement.
Section 536A.9 - Investigation of application.
Section 536A.10 - Issuance of license.
Section 536A.11 - Denial of license.
Section 536A.12 - Continuing license — annual fee — change of name or location — change of control.
Section 536A.13 - Books and records.
Section 536A.15 - Examination of licensees.
Section 536A.16 - Cease and desist orders.
Section 536A.17 - Injunctions.
Section 536A.18 - Disciplinary action.
Section 536A.19 - Receivership — liquidation.
Section 536A.20 - Real estate loans.
Section 536A.21 - Other business in same office.
Section 536A.22 - Thrift certificates.
Section 536A.23 - Powers of industrial loan companies.
Section 536A.24 - Electronic transactions.
Section 536A.25 - Restrictions.
Section 536A.29 - Enforcement of Iowa consumer credit code.
Section 536A.30 - Nonresident licensees — face-to-face solicitation.
Section 536A.31 - Applicability of Iowa consumer credit code.
Section 536A.32 - Powers and duties of the superintendent — nationwide system.