534.409 - ENFORCEMENT OF IOWA CONSUMER CREDIT CODE.
534.409 ENFORCEMENT OF IOWA CONSUMER CREDIT CODE. 1. The superintendent shall enforce the Iowa consumer credit code, chapter 537, with respect to associations, as provided in sections 537.2303, 537.2305, and 537.6105. 2. The superintendent shall cooperate with the administrator, and shall assist the administrator whenever necessary to provide for the discharge of the duties of the administrator. 3. Notwithstanding other provisions of this chapter to the contrary, the superintendent shall authorize to be furnished to the administrator, access to or copies of records in the possession of the superintendent or other persons which relate to a savings and loan association when necessary to enable the administrator to enforce chapter 537. 4. The superintendent shall make an annual report in writing to the administrator. A copy of the report shall be furnished at cost by the superintendent to each association or other person upon request. The annual report shall contain: a. A summary of applications for organization approved or denied by the superintendent since the last report. b. A summary of the volume of consumer installment credit outstanding per association as of December 31 of the year for which the report is made. c. An estimate of the disbursements of agency funds for consumer credit protection during the calendar year ending the preceding December 31. d. Information which the superintendent may deem appropriate and advisable to disclose. e. Information which the administrator may require to be included.
Section History: Early Form [C75, 77, 79, 81, § 534.70]
Section History: Recent Form C85, § 534.409 2003 Acts, ch 44, §114