§ 536.2 — Application — fees

Iowa § 536.2

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

Text

1. An application for a license shall be in the form prescribed by the superintendent, and
shall contain all of the following:
a. Thenameandtheaddress, bothoftheresidenceandplaceofbusiness, oftheapplicant.

If the applicant is not a natural person, the application shall include the name and address of
every member, director, officer, manager, and trustee of the applicant.
b. The county and municipality with street and number, if any, of the place where the
business of making loans under the provisions of this chapter is to be conducted.
c. Other relevant information as the superintendent may require.
2. The applicant at the time of making the application shall pay to the superintendent the
sum of one hundred dollars as a fee for investigating the application and the additional sum
of two hundred fifty dollars as an annual license fee.
3. Every applicant shall also prove, in form satisfactory to the superintendent, that the
applicant has available for the operation of such business at the place of business specified in
the application, liquid assets of at least five thousand dollars, or that the applicant has at least
the said amount actually in use in the conduct of such business at such place of business.

Legislative History

[C24, 27, 31, §9411, 9412; C35, §9438-f2; C39, §9438.02; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §536.2]