Iowa Code § 537.5302 (2026)

A person is guilty of a serious misdemeanor, if the person willfully and knowingly does any of the following:

1. Gives false or inaccurate information or fails to provide information which the person is required to disclose under the provisions of the Truth in Lending Act.

2. Uses any rate table or chart, the use of which is authorized by the provisions of the Truth in Lending Act, in a manner which consistently understates the annual percentage rate determined according to those provisions.

3. Otherwise fails to comply with any requirement of the provisions on disclosure of the Truth in Lending Act.

4. The criminal liability of a person under this section is in lieu of and not in addition to the person’s criminal liability under the Truth in Lending Act. No prosecution of a person with respect to the same violation may be maintained pursuant to both this section and the Truth in Lending Act. [C75, 77, 79, 81, §537.5302] Referred to in §537.1202\n\n ARTICLE 6 ADMINISTRATION Referred to in §537.1101, 537.3624\n\n PART 1 POWERS AND FUNCTIONS OF ADMINISTRATOR Referred to in §537.1201, 537.3309, 537.3501, 537.5106\n\n 537.6101 Short title. This article shall be known and may be cited as the “Iowa Consumer Credit Code — Administration”. [C75, 77, 79, 81, §537.6101] \n 537.6102 Applicability. This part applies to persons who:

1. Participate in transactions, acts, practices or conduct to which this chapter applies pursuant to section 537.1201.\n\nTue Dec 09 22:02:53 2025 Iowa Code 2026, Chapter 537 (58, 3) §537.6102, CONSUMER CREDIT CODE 58\n\n 2. Participate in this state in transactions, acts, practices or conduct to which this chapter would apply pursuant to section 537.1201, but for the residence of the consumer.

3. Enter into or modify a sale of an interest in land or a loan secured by an interest in land, if, but for the rate of the finance charge, the sale, loan or modification would involve a consumer credit sale or consumer loan, but applies only for the purpose of authorizing the administrator to enforce the provisions on compliance with the Truth in Lending Act. [C75, 77, 79, 81, §537.6102] Referred to in §537.1201 \n