Applicability of the Iowa consumer credit code.

1. The provisions of the Iowa consumer credit code, chapter 537 , shall apply to a consumer credit sale in which a licensed motor vehicle dealer participates or engages, and any violation of that code shall be a violation of this chapter . 2. Chapter 537, article 2, parts 5 and 6 , and chapter 537, article 3 , sections 537.3203 , 537.3206 , 537.3209 , 537.3304 , 537.3305 , and 537.3306 , shall apply to any credit transaction, as defined in section 537.1301 , that is a retail installment transaction. For the purpose of applying provisions of the consumer credit code in those transactions, “consumer credit sale” shall include a sale for a business purpose. 3. A provision of the Iowa consumer credit code, chapter 537 , shall supersede a conflicting provision of this chapter . [C75, 77, 79, 81, §322.33 ] 2003 Acts, ch 44, §114 ; 2013 Acts, ch 30, §69 Referred to in §322.19