§ 536.11 — Records — annual report by licensee

Iowa § 536.11

• Jurisdiction: Iowa
• Title XIII: COMMERCE
• Ch. 536: REGULATED LOANS

Text

1. The licensee shall keep such books, accounts, and records as the superintendent may
require in order to determine whether such licensee is complying with the provisions of this
chapter and with the rules and regulations lawfully made by the superintendent under this
chapter. Every licensee shall preserve for at least two years after making the last entry on
any loan recorded therein all books, accounts, and records, including cards used in the card
system, if any.
2. Each licensee shall annually on or before the fifteenth day of April file a report with
the superintendent giving such relevant information as the superintendent reasonably may
require concerning the business and operations during the preceding calendar year of the
licensed places of business conducted by such licensee within the state. Such report shall be
made under oath and shall be in the form prescribed by the superintendent who shall make
and publish annually an analysis and recapitulation of such reports.
3. Each licensee making residential mortgage loans shall submit to the nationwide
mortgage licensing system and registry reports of condition, which shall be in such form and
shall contain such information as the nationwide mortgage licensing system and registry

may require. For purposes of this subsection, “nationwide mortgage licensing system and
registry” and “residential mortgage loan” mean the same as defined in section 535D.3.

Legislative History

[C24, 27, 31, §9434; C35, §9438-f11; C39, §9438.11; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §536.11]