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

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…

Bonds, due bills, and all instruments by which the maker promises to pay another, without words of negotiability, a sum of money, or by which the maker promises to pay a sum of money in property or labor, or to pay or deliver any property or labor, or acknowledges any money, labo…

When by the terms of an instrument its assignment is prohibited, an assignment thereof shall nevertheless be valid, but the maker may make use of any defense or counterclaim against the assignee which the maker may have against any assignor thereof before notice of such assignmen…

An open account of sums of money due on contract may be assigned. The assignee, including a person who takes assignment for collection in the regular course of business, has a right of action on the account in the assignee’s own name, subject to the defenses and counterclaims all…

No sale or assignment, by the head of a family, of wages, whether the same be exempt from execution or not, shall be of any validity whatever unless the same be evidenced by a written instrument, and if married, unless the husband and wife sign and acknowledge the same joint inst…

Assignments of wages shall have priority and precedence in the order in which notice in writing of such assignments shall be given to the employer, and not otherwise. [S13, §3047; C24, 27, 31, 35, 39, § 9455; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §539.5 ]

The assignor of any of the above instruments not negotiable shall be liable to the action of the assignee without notice. [C51, §956; R60, §1803; C73, §2088; C97, §3048; C24, 27, 31, 35, 39, § 9456; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §539.6 ]

When any person bound as surety for another for the payment of money, or the performance of any other contract in writing, apprehends that the principal is about to become insolvent or remove permanently from the state without discharging the contract, the surety may, if a cause …

If the creditor refuses or neglects to bring an action for ten days after request, and does not permit the surety to do so, and to furnish the surety with a true copy of the contract or other writing therefor, and enable the surety to have the use of the original when requisite i…

When the surety commences such action, the surety shall give a bond to pay such costs as may be adjudged against the creditor, and the action shall be brought against all the obligors, but those joining in the request to the creditor shall make no defense thereto, but may be hear…

The provisions of this chapter extend to the executor of a deceased surety and holder of the contract, but not to the official bonds of public officers, executors, or guardians. [C51, §973; R60, §1822; C73, §2111; C97, §3067; C24, 27, 31, 35, 39, § 9460; C46, 50, 54, 58, 62, 66, …

This chapter may be cited as the “Uniform Prudent Management of Institutional Funds Act” . 2008 Acts, ch 1066, §1, 11

For purposes of this chapter , unless the context otherwise requires: 1. “Charitable purpose” means the relief of poverty, the advancement of education or religion, the promotion of health, the promotion of a governmental purpose, or any other purpose the achievement of which is …

1. Subject to the intent of a donor expressed in a gift instrument, an institution shall consider the charitable purposes of the institution and the purposes of the institutional fund in managing and investing an institutional fund. 2. In addition to complying with the duty of lo…

1. Subject to the intent of a donor expressed in the gift instrument and to subsection 4 , an institution may appropriate for expenditure or accumulate so much of an endowment fund as the institution determines is prudent for the uses, benefits, purposes, and duration for which t…

1. Subject to any specific limitation set forth in a gift instrument or in law, an institution may delegate to an external agent the management and investment of an institutional fund to the extent that an institution could prudently delegate under the circumstances. An instituti…

1. If the donor consents in a record, an institution may release or modify, in whole or in part, a restriction contained in a gift instrument on the management, investment, or purpose of an institutional fund. A release or modification shall not allow a fund to be used for a purp…

Compliance with this chapter is determined in light of the facts and circumstances existing at the time a decision is made or action is taken and not by hindsight. 2008 Acts, ch 1066, §7, 11

This chapter modifies, limits, and supersedes the federal Electronic Signatures in Global and National Commerce Act, 15 U.S.C. §7001 et seq., but does not modify, limit, or supersede section 101 of that Act, 15 U.S.C. §7001(a), or authorize electronic delivery of any of the notic…

This chapter shall be applied and construed with consideration given to the need to promote uniformity of the law with respect to the uniform prudent management of institutional funds Act among states which enact this law. 2008 Acts, ch 1066, §9, 11

Nothing in any law of this state shall in any manner whatsoever affect the validity of, or render void or voidable, the payment, certification, or acceptance of a check or other negotiable instrument or any other transaction by a bank or trust company in this state because done o…

For the purposes of this chapter , unless the context otherwise requires: 1. “Account holder” means an individual who is the owner of an individual development account. 2. “Charitable contributor” means a nonprofit association described in section 501(c)(3) of the Internal Revenu…

A financial instrument known as an individual development account is established. An individual development account shall have all of the following characteristics: 1. a. To be eligible to open an account, a prospective account holder must have a household income that is equal to…

All of the following state savings match and tax provisions shall apply to an individual development account: 1. a. Payment by the state of a state savings match on amounts of up to two thousand dollars that an account holder deposits in the account holder’s account. b. Moneys tr…

1. The department, in consultation with the department of administrative services, shall adopt administrative rules to administer this chapter . 2. a. The rules adopted by the department shall include but are not limited to provision for transfer of an individual development acco…

The department shall adopt rules for compliance with federal individual development account requirements under the federal Personal Responsibility and Work Opportunity Reconciliation Act of 1996, §103 , as codified in 42 U.S.C. §604(h) , under the federal Assets for Independence …

1. An individual development account state match fund is created in the state treasury under the authority of the department. Notwithstanding section 8.33 , moneys appropriated to the fund shall not revert to any other fund. Notwithstanding section 12C.7, subsection 2 , interest …

This chapter may be cited as the “Iowa First-Time Homebuyer Savings Account Act” . 2017 Acts, ch 116, §3

As used in this chapter , unless the context otherwise requires: 1. “Account holder” means an individual who establishes, either individually or jointly with the individual’s spouse, a first-time homebuyer savings account pursuant to section 541B.3 . 2. “Department” means the dep…

1. Establishment of account. a. An individual may open an interest-bearing savings account with a financial institution and designate the entire account as a first-time homebuyer savings account for the purpose of paying or reimbursing a designated beneficiary’s eligible home cos…

1. Account contributions. Contributions to a first-time homebuyer savings account may be made by any person in the form of cash. There is no limitation on the amount of contributions that may be made to or retained in a first-time homebuyer savings account. 2. Account expenses. T…

Nothing in this chapter shall be construed to require a financial institution to do any of the following, or to be responsible or liable for any of the following: 1. Designate or label within the financial institution’s account contracts, systems, or in any other manner, an accou…

The state income tax treatment of a first-time homebuyer savings account shall be as provided in section 422.7, subsection 27 . 2017 Acts, ch 116, §8 ; 2018 Acts, ch 1161, §132 – 134 ; 2021 Acts, ch 177, §1 2018 amendment to this section is effective January 1, 2023, and applies …

1. The department shall adopt rules to implement and administer this chapter . 2. The department shall create and make available forms to be used in complying with this chapter , including but not limited to the following: a. A form for designating an account as a first-time home…

This chapter shall be known and may be cited as the “Iowa Accountancy Act of 2001” . 2001 Acts, ch 55, §1, 38

1. After notice and hearing pursuant to section 542.11 , the board may revoke, suspend for a period of time not to exceed two years, or refuse to renew a license; reprimand, censure, or limit the scope of practice of any licensee; impose an administrative penalty not to exceed on…

1. The board may initiate proceedings under this chapter upon written complaint or on its own motion pursuant to other information received by the board suggesting violations of this chapter or board rules. The board may conduct an investigation as needed to determine whether pro…

1. In any case in which the board has suspended, revoked, or restricted a license, refused to renew a license, or accepted the voluntary surrender of a license to conclude a pending disciplinary investigation or action, the board may, upon written application, modify or terminate…

1. Only a certified public accountant may issue a report on financial statements of a person, firm, organization, or governmental unit, or offer to render or render any attest service. Only a certified public accountant or licensed public accountant may render compilation service…