Iowa Code 537.2309 – No other business for purpose of evasion
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Terms Used In Iowa Code 537.2309
- Lender: means a person who makes a loan or, except as otherwise provided in this chapter, a person who takes an assignment of a lender's right to payment, but use of the term does not in itself impose on an assignee any obligation of the lender. See Iowa Code 537.1301
A lender shall not carry on other business for the purpose of evasion or violation of this chapter at a location where the lender makes supervised loans.