Iowa § 533D.2 Definitions

Iowa Statutes

§ 533D.2 — Definitions

Iowa § 533D.2

Title XIIICOMMERCE

Ch. 533DDELAYED DEPOSIT SERVICES

This text of Iowa § 533D.2 (Definitions) 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 § 533D.2 (2026).

Text

For purposes of this chapter, unless the context otherwise requires:

1.“Check” means a check, draft, share draft, or other instrument for the payment of money.

2.“Delayed deposit services business” means a person who for a fee does either of the following:

a.Accepts a check dated subsequent to the date it was written.

b.Accepts a check dated on the date it was written and holds the check for a period of time prior to deposit or presentment pursuant to an agreement with, or any representation made to, the maker of the check, whether express or implied.

3.“Licensee” means a person licensed to operate pursuant to this chapter.

4.“Person” means an individual, group of individuals, partnership, association, corporation, or any other business unit or legal entity.

5.“Superintendent” means

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For purposes of this chapter, unless the context otherwise requires:
1. “Check” means a check, draft, share draft, or other instrument for the payment of
money.
2. “Delayed deposit services business” means a person who for a fee does either of the
following:
a. Accepts a check dated subsequent to the date it was written.
b. Accepts a check dated on the date it was written and holds the check for a period of
time prior to deposit or presentment pursuant to an agreement with, or any representation
made to, the maker of the check, whether express or implied.
3. “Licensee” means a person licensed to operate pursuant to this chapter.
4. “Person” means an individual, group of individuals, partnership, association,
corporation, or any other business unit or legal entity.
5. “Superintendent” means the superintendent of banking.