Nonresident licensees — face-to-face solicitation.

Notwithstanding other provisions of this chapter to the contrary, a person that 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 the following provisions of this chapter : 1. Section 536A.8 . 2. Section 536A.10, subsection 1 , paragraphs “b” , “c” , and “d” . 3. Section 536A.15 , to the extent it requires the superintendent to make an examination and audit of the books, accounts and records of the licensee on a periodic basis. [C75, 77, 79, 81, §536A.30 ] 89 Acts, ch 257, §30 ; 2002 Acts, ch 1119, §185 ; 2006 Acts, ch 1042, §47 ; 2012 Acts, ch 1023, §156