Iowa Code 533A.9A – Donations
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Terms Used In Iowa Code 533A.9A
- Contract: A legal written agreement that becomes binding when signed.
533A.9A Donations.
A donation shall not be charged to a debtor or creditor, deducted from a payment to
a creditor, deducted from the debtor’s account, or deducted from payments made to the licensee pursuant to the debt management contract. If a licensee requests a donation from a debtor, the licensee must clearly indicate that any donation is voluntary and not a condition or requirement for providing debt management.
2006 Acts, ch 1042, §8; 2007 Acts, ch 126, §94
A donation shall not be charged to a debtor or creditor, deducted from a payment to
a creditor, deducted from the debtor’s account, or deducted from payments made to the licensee pursuant to the debt management contract. If a licensee requests a donation from a debtor, the licensee must clearly indicate that any donation is voluntary and not a condition or requirement for providing debt management.
2006 Acts, ch 1042, §8; 2007 Acts, ch 126, §94