1. A person shall file a registration statement annually with the administrator before conducting the business of issuing credit cards in this state, and annually thereafter on or before January 31 of each year. The registration statement shall be in writing on a form prescribed by the administrator, and contain the name and address of the registrant, the name and address of a designated agent upon whom service of process may be made in this state, and any other information the administrator deems relevant.

Terms Used In Iowa Code 536C.4

  • Administrator: means the superintendent of banking or the superintendent of credit unions. See Iowa Code 536C.2
  • Agreement: means agreement as defined in section 537. See Iowa Code 536C.2
  • Person: means any individual, firm, corporation, partnership, joint venture, or association, and any other organization or group, however organized. See Iowa Code 536C.2
  • Service of process: The service of writs or summonses to the appropriate party.
  • 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
  • year: means twelve consecutive months. See Iowa Code 4.1
 2. At the time of filing a registration statement the person shall provide the administrator with a copy of the credit agreement and billing statement being used by the card issuer.
 3. If information in a filing statement becomes inaccurate after filing, the person shall notify the administrator in writing of the changes within sixty days of such change.