A license shall not be issued to any individual, partnership, nonprofit organization, or unincorporated association. A license shall not be issued to an applicant that engages in commercial activities directly or through an affiliate. Not more than one place of business where loans are made shall be maintained under the same license but the superintendent may issue more than one license to the same licensee upon compliance, for each such additional license, with all the provisions of this chapter governing an original issuance of a license.
Iowa Code § 536A.4
Limitations
Known as the Iowa Industrial Loan Law
The act spans §§ 536–536 (33 sections).
[C66, 71, 73, 75, 77, 79, 81, §536A.4] 2006 Acts, ch 1015, §13
Official source: Iowa Legislature. Reproduced from public-domain Iowa statutes; confirm against the official source for the current text. Not legal advice.