Exemptions.

This chapter does not apply to any of the following: 1. Businesses organized or operating as permitted under the authority of a law of this state or the United States relating to banks, trust companies, building and loan associations, savings and loan associations, insurance companies, regulated loan companies organized under chapter 536 , or credit unions. 2. Persons that make loans only on notes secured by first mortgages on real estate. 3. Licensed real estate brokers or salespersons. 4. A person engaged exclusively in the business of purchasing commodity financing or commercial paper. 5. A pawnbroker. 6. Loans made to a domestic or foreign corporation. [C66, 71, 73, 75, 77, 79, 81, §536A.5 ] 85 Acts, ch 158, §10 ; 2006 Acts, ch 1015, §14 Referred to in §536A.2