Iowa Code § 537.2507

Current through March 29, 2024

Section 537.2507 - Attorney fees

With respect to a consumer credit transaction, the agreement may not provide for the payment by the consumer of attorney fees. However, in a consumer credit transaction with an amount financed exceeding twenty-five thousand dollars secured by an interest in land, the agreement may provide for the payment by the consumer of reasonable attorney fees. A provision in violation of this section is unenforceable.

Iowa Code § 537.2507

2014 Acts, ch 1037, §19

Amended by 2014 Iowa, ch 1037,s 19, eff. 7/1/2014.

C75, 77, 79, 81, §537.2507 .

Referred to in §537.5201