Iowa Code § 103A.58
This is the official text of Iowa Code § 103A.58, part of Iowa’s Code — part of the compiled statutory law of Iowa, published by the state as "Code." Browse the sections below, each linked to its official government source.
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Manufactured home, mobile home, or modular home retail installment contract — finance charge.
Official statutory text
(1) A retail installment contract or agreement for the sale of a manufactured home, mobile home, or modular home may include a finance charge not in excess of an amount equivalent to one and three-fourths percent per month simple interest on the declining balance of the amount financed.
(2) For purposes of this section, “amount financed” means the same as defined in section 537.1301.
(3) The limitations contained in this section do not apply in a transaction referred to in section 535.2, subsection 2. With respect to a consumer credit sale, as defined in section 537.1301, the limitations contained in this section supersede conflicting provisions of chapter 537, article 2, part 2.
2006 Acts, ch 1090, §8, 26
(2) For purposes of this section, “amount financed” means the same as defined in section 537.1301.
(3) The limitations contained in this section do not apply in a transaction referred to in section 535.2, subsection 2. With respect to a consumer credit sale, as defined in section 537.1301, the limitations contained in this section supersede conflicting provisions of chapter 537, article 2, part 2.
2006 Acts, ch 1090, §8, 26
Status: in_force · Read it on the official government site
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