Iowa Code § 537.2507
Attorney fees
Redline — January 1, 2012 → current.View current text →
Current — January 1, 2016
As of January 1, 2012
With respect to a consumer credit transaction, the agreement may not provide for the payment by the consumer of attorney fees. A provision in violation of this subsection is unenforceable.
With respect to a consumer credit transaction, the agreement may not provide for the payment by the consumer of attorney fees. However, in a consumer credit transaction with an amount financed exceeding twenty-five thousand dollars secured by an interest in land, the agreement may provide for the payment by the consumer of reasonable attorney fees. A provision in violation of this section is unenforceable.
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.