Iowa Admin. Code r. 61-20.9 - Permitted finance charges

The credit sale of noncredit property insurance pursuant to this chapter is classified as a consumer credit sale as defined by the Iowa consumer credit code. Finance charges assessed on noncredit insurance premiums may not exceed the rate authorized in Iowa Code section 537.2201. "Finance charge for consumer credit sales not pursuant to open-end credit."


Iowa Admin. Code r. 61-20.9

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