In a civil proceeding pursuant to this chapter, a person claiming to be excluded from the definition of “loan broker” or “broker” has the burden of proof in substantiating the claim.
93 Acts, ch 60, §20
Iowa Code § 535C.11A
Exemption — burden of proof
Known as the Iowa Loan Brokers Act
The act spans §§ 535C.1 to 535C.9 (12 sections).
Official source: Iowa Legislature. Reproduced from public-domain Iowa statutes; confirm against the official source for the current text. Not legal advice.