Iowa Code 537.2509 – Right to prepay
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Terms Used In Iowa Code 537.2509
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
537.2509 Right to prepay.
Subject to the provisions on prepayment and minimum charge under § 537.2510, the
consumer may prepay in full the unpaid balance of a consumer credit transaction, other than a consumer lease or a consumer rental purchase agreement, at any time.
[C58, 62, 66, 71, 73, §322.3(6, e); C75, 77, 79, 81, §537.2509]
87 Acts, ch 80, §39
Subject to the provisions on prepayment and minimum charge under § 537.2510, the
consumer may prepay in full the unpaid balance of a consumer credit transaction, other than a consumer lease or a consumer rental purchase agreement, at any time.
[C58, 62, 66, 71, 73, §322.3(6, e); C75, 77, 79, 81, §537.2509]
87 Acts, ch 80, §39