Iowa § 536C.12 Penalty

Iowa Statutes

§ 536C.12 — Penalty

Iowa § 536C.12

Title XIIICOMMERCE

Ch. 536CLENDER CREDIT CARDS

This text of Iowa § 536C.12 (Penalty) 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 § 536C.12 (2026).

Text

If an officer, director, or agent of a corporation engaged in the business of issuing credit
cards violates any of the provisions of this chapter which are not also violations of the Iowa
consumer credit code, chapter 537, or if a person individually or as a partner, or officer,
director, or agent of a corporation engages in the business of issuing credit cards without
filing the registration statement required by section 536C.4, the person is guilty of a serious
misdemeanor. ViolationsofthischapterwhicharealsoviolationsoftheIowaconsumercredit
code, chapter537, shallbesubjecttothepenaltiesprovidedintheIowaconsumercreditcode,
chapter 537.

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If an officer, director, or agent of a corporation engaged in the business of issuing credit
cards violates any of the provisions of this chapter which are not also violations of the Iowa
consumer credit code, chapter 537, or if a person individually or as a partner, or officer,
director, or agent of a corporation engages in the business of issuing credit cards without
filing the registration statement required by section 536C.4, the person is guilty of a serious
misdemeanor. ViolationsofthischapterwhicharealsoviolationsoftheIowaconsumercredit
code, chapter537, shallbesubjecttothepenaltiesprovidedintheIowaconsumercreditcode,
chapter 537.