Iowa Administrative Rules (Last Updated: December 07, 2016) |
Department 181. Commerce Department |
Division 187. Banking Division |
Chapter 16. INDUSTRIAL LOANS |
Section 187.16.9. Mail loans.
Latest version.
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A licensee shall have authority to make and complete loans by mail from the lender’s licensed office. In making such loans, the lender shall mail all the necessary papers to the borrower; and upon completion of such papers by the borrower, the check or money order representing proceeds of the loan shall be mailed from the licensee’s office.