§ 524.227 — Enforcement of Iowa consumer credit code

Iowa § 524.227

• Jurisdiction: Iowa
• Title XIII: COMMERCE
• Ch. 524: BANKS

Text

1. The superintendent shall enforce the Iowa consumer credit code, chapter 537, with
respect to banks, as provided in sections 537.2303, 537.2305, and 537.6105.
2. The superintendent shall cooperate with the administrator, and shall assist the
administrator whenever necessary to provide for the discharge of the duties of the
administrator.
3. Notwithstanding other provisions of this chapter to the contrary, the superintendent
shall authorize to be furnished to the administrator, access to or copies of records in the
possession of the superintendent or other persons which relate to a bank when necessary to
enable the administrator to enforce chapter 537.
4. The superintendent shall make an annual report in writing to the administrator. A copy
of the report shall be furnished at cost by the superintendent to each bank or other person
upon request. The annual report shall contain:
a. A summary of applications to engage in the business of banking approved or denied by
the superintendent since the last report.
b. An estimate of the disbursements of agency funds for consumer credit protection
during the calendar year ending the preceding December 31.
c. Information which the superintendent may deem appropriate and advisable to disclose.
d. Information which the administrator may require to be included.

Legislative History

[C75, 77, 79, 81, §524.227]