Iowa Code § 536.2
Application — fees
Redline — January 1, 2012 → current.View current text →
Current — January 1, 2013
As of January 1, 2012
1. An application for a license shall be in the form prescribed by the superintendent, and shall contain all of the following:
1. An application for a license shall be in the form prescribed by the superintendent, and shall contain all of the following:
a. The name and the address, both of the residence and place of business, of the applicant. If the applicant is not a natural person, the application shall include the name and address of every member, director, officer, manager, and trustee of the applicant.
a. The name and the address, both of the residence and place of business, of the applicant. If the applicant is not a natural person, the application shall include the name and address of every member, director, officer, manager, and trustee of the applicant.
b. The county and municipality with street and number, if any, of the place where the business of making loans under the provisions of this chapter is to be conducted.
b. The county and municipality with street and number, if any, of the place where the business of making loans under the provisions of this chapter is to be conducted.
c. Other relevant information as the superintendent may require.
c. Other relevant information as the superintendent may require.
2. The applicant at the time of making the application shall pay to the superintendent the sum of one hundred dollars as a fee for investigating the application and the additional sum of two hundred fifty dollars as an annual license fee.
2. The applicant at the time of making the application shall pay to the superintendent the sum of one hundred dollars as a fee for investigating the application and the additional sum of two hundred fifty dollars as an annual license fee.
3. Every applicant shall also prove, in form satisfactory to the superintendent, that the applicant has available for the operation of such business at the place of business specified in the application, liquid assets of at least five thousand dollars, or that the applicant has at least the said amount actually in use in the conduct of such business at such place of business.
3. Every applicant shall also prove, in form satisfactory to the superintendent, that the applicant has available for the operation of such business at the place of business specified in the application, liquid assets of at least five thousand dollars, or that the applicant has at least the said amount actually in use in the conduct of such business at such place of business.
89 Acts, ch 257, §27; 2006 Acts, ch 1042, §33
89 Acts, ch 257, §27; 2006 Acts, ch 1042, §33
Referred to in
Official source: Iowa Legislature. Reproduced from public-domain Iowa statutes; confirm against the official source for the current text. Not legal advice.