Iowa Statutes

§ 535C.2A — Prohibition on advance fees

Iowa § 535C.2A
JurisdictionIowa
Title XIIICOMMERCE
Ch. 535CLOAN BROKERS

This text of Iowa § 535C.2A (Prohibition on advance fees) 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 § 535C.2A (2026).

Text

A loan broker shall not directly or indirectly solicit, receive, or accept from a borrower an advance fee as consideration for providing services as a loan broker. A loan broker’s fee may only be assessed or collected from a borrower after the successful procurement of a loan or issuance of a credit card.

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Related

Gardin v. Long Beach Mortgage Co.
661 N.W.2d 193 (Supreme Court of Iowa, 2003)
38 case citations

Nearby Sections

11
§ 535C.1
Title
§ 535C.10
Remedies
§ 535C.11
Applicability
§ 535C.12
Records
§ 535C.2
Definitions
§ 535C.6
Penalty
§ 535C.9
Rules
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Bluebook (online)
Iowa § 535C.2A, Counsel Stack Legal Research, https://law.counselstack.com/statute/ia/535C.2A.