536.16 - NONRESIDENT LICENSEES -- FACE-TO-FACE SOLICITATION.
536.16 NONRESIDENT LICENSEES -- FACE-TO-FACE SOLICITATION. Notwithstanding other provisions of this chapter to the contrary, a person who 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 section 536.10 to the extent it requires the superintendent to make an examination of the affairs, place of business, and records of the person on a periodic basis.
Section History: Early Form [C75, 77, 79, 81, § 536.16]
Section History: Recent Form 89 Acts, ch 257, §28; 2006 Acts, ch 1042, §39; 2008 Acts, ch 1160, §30, 31