Iowa Code § 546B.3
Prohibited acts or practices
Redline — January 1, 2016 → current.View current text →
Current — January 1, 2020
As of January 1, 2016
1. A person who provides veterans benefits services in exchange for compensation shall provide a written disclosure statement to each client or prospective client. Before a person enters into such an agreement to provide veterans benefits services or accepts money or any other thing of value for the provision of veterans benefits services, the person must obtain the signature of the client on a written disclosure statement containing an attestation by the client that the client has read and understands the written disclosure statement.
2. A person who violates the provisions of this section is subject to a civil penalty not to exceed one thousand dollars for each violation. Civil penalties shall be assessed by the district court in an action initiated by the attorney general. For the purposes of computing the amount of each civil penalty, each service provided by the person constitutes a separate violation. Additionally, the attorney general may accept a civil penalty as determined by the attorney general in settlement of an investigation of a violation of this section regardless of whether an action has been filed pursuant to this section. Any civil penalty recovered shall be deposited in the veterans trust fund created in section 35A.13.
;
Section stricken and rewritten
A person who commits any of the following acts or practices commits a violation of this chapter:
1. Receives compensation for advising or assisting another person with a veterans’ benefit matter, except as permitted under Tit. 38 of the United States Code.
2. Uses financial or other personal information gathered in order to prepare documents for, or otherwise represent the interests of, another in a veterans’ benefit matter for purposes of trade or commerce, except as permitted under Tit. 38 of the United States Code.
3. Receives compensation for referring another person to a person accredited by the United States department of veterans affairs.
4. Represents, either directly or by implication, and either orally or in writing, that the receipt of a certain level of veterans’ benefits is guaranteed.
5. Fails to provide a disclosure required to be provided pursuant to section 546B.2.
Former §546B.3 repealed by
Official source: Iowa Legislature. Reproduced from public-domain Iowa statutes; confirm against the official source for the current text. Not legal advice.