PRIVATE EDUCATION LENDERS

Section 670B.450 - Private education lender not exempt from other licensing requirements; duty of Commissioner to determine particular license required
Section 670B.460 - Maintenance and accessibility of records; retention of loan file
Section 670B.470 - Private education loan involving cosigner: Delivery of information to cosigner before extension of loan; requirements and prohibitions concerning release of cosigner; access of cosigner to documents and records relating to loan
Section 670B.480 - Restrictions on acceleration of payments on private education loan and placement of loan or account into default; prohibited acts upon death or bankruptcy of cosigner
Section 670B.490 - Duties and prohibited acts in event of total and permanent disability of private education loan borrower or cosigner
Section 670B.500 - Required disclosures for private education loan used to refinance existing private education loan; flexible repayment options offered must be made available to all private education loan borrowers; provision of notice and information and establishment of policies and procedures concerning repayment and flexible repayment options
Section 670B.510 - Prohibited acts