Title XIII, COMMERCE (Ch. 505 - 554I)

In an action under this chapter , the burden of proving an exemption under section 538A.2, subsection 2 , is upon the person claiming the exemption. 89 Acts, ch 183, §13 CS89, §533C.13 C93, §538A.13

The remedies provided by this chapter are in addition to other remedies provided by law. 89 Acts, ch 183, §14 CS89, §533C.14 C93, §538A.14

1. A credit services organization is a person who, with respect to the extension of credit by others and in return for the payment of money or other valuable consideration, provides, or represents that the person can or will provide, any of the following services: a. Improving a …

A credit services organization, a salesperson, agent, or representative of a credit services organization, or an independent contractor who sells or attempts to sell the services of a credit services organization shall not: 1. Charge a buyer or receive from a buyer money or other…

1. This section applies to a credit services organization required by section 538A.3, subsection 1 , to obtain a surety bond or establish a surety account. 2. If a bond is obtained, a copy of it shall be filed with the secretary of state. If a surety account is established, notif…

1. A credit services organization shall file a registration statement with the secretary of state before conducting business in this state. The registration statement must contain both of the following: a. The name and address of the credit services organization. b. The name and …

1. Before executing a contract or agreement with a buyer, or receiving money or other valuable consideration, a credit services organization shall provide the buyer with a statement in writing, containing all of the following: a. A complete and detailed description of the service…

1. A contract between the buyer and a credit services organization for the purchase of the services of the credit services organization must be in writing, dated, signed by the buyer, and must include all of the following: a. A conspicuous statement in boldface type, in immediate…

1. A credit services organization shall not attempt to cause a buyer to waive a right under this chapter . 2. A waiver by a buyer of any part of this chapter is void. 89 Acts, ch 183, §8 CS89, §533C.8 C93, §538A.8

1. A buyer injured by a violation of this chapter may bring an action for recovery of damages. The damages awarded shall not be less than the amount paid by the buyer to the credit services organization, plus reasonable attorney’s fees and court costs. 2. The buyer may also be aw…