Iowa Code (Last Updated: December 05, 2016) |
Title XIII. COMMERCE |
Chapter 535D. MORTGAGE LICENSING ACT |
Section 535D.20. Operating without a license — penalty.
Latest version.
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A person who, without first obtaining a license under this chapter, engages in the business or occupation of, or advertises or holds the person out as, or claims to be, or temporarily acts as, a mortgage loan originator in this state is guilty of a class “D” felony and may be prosecuted by the attorney general or a county attorney.