Iowa Code 536A.32 – Powers and duties of the superintendent — nationwide system
Current as of: 2023 | Check for updates
|
Other versions
Terms Used In Iowa Code 536A.32
- Control: means the same as provided in 12 U. See Iowa Code 536A.2
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
- Rule: includes "regulation". See Iowa Code 4.1
- Superintendent: means the superintendent of banking within the banking division of the department of commerce. See Iowa Code 536A.2
In addition to any other duties imposed upon the superintendent by law, the superintendent may require applicants and licensees to be licensed through the nationwide mortgage licensing system and registry as defined in section 535D.3. In order to carry out this requirement, the superintendent may participate in the nationwide mortgage licensing system and registry. For this purpose, the superintendent may establish by rule or order new requirements as necessary, including but not limited to requirements that applicants, including officers and directors and those who have control of the applicant, submit to fingerprinting and criminal history checks, and pay fees therefor.