Iowa § 536C.9 Cease and desist orders

Iowa Statutes

§ 536C.9 — Cease and desist orders

Iowa § 536C.9

Title XIIICOMMERCE

Ch. 536CLENDER CREDIT CARDS

This text of Iowa § 536C.9 (Cease and desist orders) 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.9 (2026).

Text

1.If the administrator has reasonable cause to believe a person who issues credit cards is violating any provision of this chapter, or rules adopted pursuant to this chapter, the administrator may enter a written order requiring the person to cease, desist, and refrain from an act constituting a violation. A copy of the order shall be sent to the person by certified mail. The person may file with the administrator a written notice of appeal within 3 LENDER CREDIT CARDS, §536C.14 fifteen days of receipt of the order. The person may also request that the order be stayed pending resolution of the appeal. The appellant shall be entitled to prompt consideration of the request to stay the order.

2.Within thirty days after receipt of a notice of appeal the administrator shall hold a hearing to

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1. If the administrator has reasonable cause to believe a person who issues credit cards
is violating any provision of this chapter, or rules adopted pursuant to this chapter, the
administrator may enter a written order requiring the person to cease, desist, and refrain
from an act constituting a violation. A copy of the order shall be sent to the person by
certified mail. The person may file with the administrator a written notice of appeal within
3 LENDER CREDIT CARDS, §536C.14
fifteen days of receipt of the order. The person may also request that the order be stayed
pending resolution of the appeal. The appellant shall be entitled to prompt consideration of
the request to stay the order.
2. Within thirty days after receipt of a notice of appeal the administrator shall hold a
hearing to consider the appeal. The appellant shall be informed regarding the time and place
of the hearing not later than ten days prior to the hearing. The administrator’s decision shall
be provided, in writing, to the appellant within thirty days of the completion of the hearing.