Terms Used In Iowa Code 535B.7A

  • Licensee: means a person licensed under this chapter; however, any natural person who is acting solely as an employee or agent of a mortgage banker, mortgage broker, or closing agent licensed under this chapter need not be separately licensed under this chapter. See Iowa Code 535B.1
 It is a violation of this chapter for a licensee to engage in any of the prohibited acts or practices in section 535D.17.
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