Iowa Code 537.6102 – Applicability
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Terms Used In Iowa Code 537.6102
- state: when applied to the different parts of the United States, includes the District of Columbia and the territories, and the words "United States" may include the said district and territories. See Iowa Code 4.1
- Truth in Lending Act: The Truth in Lending Act is a federal law that requires lenders to provide standardized information so that borrowers can compare loan terms. In general, lenders must provide information on Source: OCC
537.6102 Applicability.
This part applies to persons who:
1. Participate in transactions, acts, practices or conduct to which this chapter applies pursuant to § 537.1201.
2. Participate in this state in transactions, acts, practices or conduct to which this chapter would apply pursuant to § 537.1201, but for the residence of the consumer.
3. Enter into or modify a sale of an interest in land or a loan secured by an interest in land, if, but for the rate of the finance charge, the sale, loan or modification would involve a consumer credit sale or consumer loan, but applies only for the purpose of authorizing the administrator to enforce the provisions on compliance with the Truth in Lending Act.
[C75, 77, 79, 81, §537.6102]
Referred to in §537.1201
This part applies to persons who:
1. Participate in transactions, acts, practices or conduct to which this chapter applies pursuant to § 537.1201.
2. Participate in this state in transactions, acts, practices or conduct to which this chapter would apply pursuant to § 537.1201, but for the residence of the consumer.
3. Enter into or modify a sale of an interest in land or a loan secured by an interest in land, if, but for the rate of the finance charge, the sale, loan or modification would involve a consumer credit sale or consumer loan, but applies only for the purpose of authorizing the administrator to enforce the provisions on compliance with the Truth in Lending Act.
[C75, 77, 79, 81, §537.6102]
Referred to in §537.1201