Nonresident licensees — face-to-face solicitation.

Notwithstanding other provisions of this chapter to the contrary, a person who neither has an office physically located in this state nor engages in face-to-face solicitation in this state, if authorized by another state to make loans in that state at a rate of finance charge in excess of the rate provided in chapter 535 , shall not be subject to section 536.10 to the extent it requires the superintendent to make an examination of the affairs, place of business, and records of the person on a periodic basis. [C75, 77, 79, 81, §536.16 ] 89 Acts, ch 257, §28 ; 2006 Acts, ch 1042, §39 ; 2008 Acts, ch 1160, §30, 31