1. The superintendent shall enforce the Iowa consumer credit code, chapter 537, with respect to licensees, as provided in sections 537.2303, 537.2305 and 537.6105.

Terms Used In Iowa Code 536.29

  • Administrator: means the person designated in section 537. See Iowa Code 536.28
  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • Licensee: means a person licensed under this chapter. See Iowa Code 536.28
  • person: means individual, corporation, limited liability company, government or governmental subdivision or agency, business trust, estate, trust, partnership or association, or any other legal entity. See Iowa Code 4.1
  • Superintendent: means the state superintendent of banking. See Iowa Code 536.28
  • year: means twelve consecutive months. See Iowa Code 4.1
 2. The superintendent shall cooperate with the administrator, and shall assist the administrator whenever necessary to provide for the discharge of the duties of the administrator.
 3. Notwithstanding other provisions of this chapter to the contrary, the superintendent shall authorize to be furnished to the administrator, access to or copies of records in the possession of the superintendent or other persons which relate to a person licensed under this chapter, when necessary to enable the administrator to enforce chapter 537.
 4. The superintendent shall make an annual report in writing to the administrator. A copy of the report shall be furnished at cost by the superintendent to each licensee or other person upon request. The annual report shall contain:

 a. A summary of license applications approved or denied by the superintendent since the last report.
 b. A summary of the assets, liabilities and capital structure of all licensees, and volume of consumer installment of credit outstanding per licensee, as of December 31 of the year for which the report is made.
 c. An estimate of the disbursements of agency funds for consumer credit protection during the calendar year ending the preceding December 31.
 d. Information which the superintendent may deem appropriate and advisable to disclose.
 e. Information which the administrator may require to be included.
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