Iowa § 537.3204 Notice of assignment

Iowa Statutes

§ 537.3204 — Notice of assignment

Iowa § 537.3204

Title XIIICOMMERCE

Ch. 537CONSUMER CREDIT CODE

This text of Iowa § 537.3204 (Notice of assignment) 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 § 537.3204 (2026).

Text

A consumer is authorized to pay the original creditor until the consumer receives
notification of assignment of rights to payment pursuant to a consumer credit transaction
and that payment is to be made to the assignee. A notification which does not reasonably
identify the rights assigned is ineffective. If requested by the consumer, the assignee must
seasonably furnish reasonable proof that the assignment has been made and unless the
assignee does so the consumer may pay the original creditor.

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A consumer is authorized to pay the original creditor until the consumer receives
notification of assignment of rights to payment pursuant to a consumer credit transaction
and that payment is to be made to the assignee. A notification which does not reasonably
identify the rights assigned is ineffective. If requested by the consumer, the assignee must
seasonably furnish reasonable proof that the assignment has been made and unless the
assignee does so the consumer may pay the original creditor.