Iowa Code § 535B.12

Current through bills signed by governor as of 5/17/2024
Section 535B.12 - Payment processing

A licensee or other mortgagee shall not assess a late charge if full payment is received before the date late charges are authorized in the mortgage documents and shall post all periodic payments in full within two business days of receipt.

Iowa Code § 535B.12

88 Acts, ch 1146, §12

Referred to in §535B.2, 535B.10