Iowa § 533C.704 Disclosures for payroll processing services

Iowa Statutes

§ 533C.704 — Disclosures for payroll processing services

Iowa § 533C.704

Title XIIICOMMERCE

Ch. 533CUNIFORM MONEY TRANSMISSION MODERNIZATION ACT

This text of Iowa § 533C.704 (Disclosures for payroll processing services) is published on Counsel Stack Legal Research, covering Iowa primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Iowa Code § 533C.704 (2026).

Text

1.A licensee that provides payroll processing services shall do all of the following:

a.Issue reports to clients detailing client payroll obligations in advance of the payroll funds being deducted from an account.

b.Make available worker pay stubs or an equivalent statement to workers.

2.This section does not apply to a licensee providing payroll processing services where the licensee’s client designated the intended recipients to the licensee and the licensee is responsible for providing the disclosures required by subsection 1, paragraph “a”.

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1. A licensee that provides payroll processing services shall do all of the following:
a. Issue reports to clients detailing client payroll obligations in advance of the payroll
funds being deducted from an account.
b. Make available worker pay stubs or an equivalent statement to workers.
2. This section does not apply to a licensee providing payroll processing services where
the licensee’s client designated the intended recipients to the licensee and the licensee is
responsible for providing the disclosures required by subsection 1, paragraph “a”.