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Iowa Consumer Credit Code (ICCC) Informal Advisory Opinions - 1985 Archive

September 25, 1985

Unless the check-issuer cures the dishonored check by the statutory procedures, the holder of the check who files suit may not receive both surcharge and treble (triple) damages.

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September 16, 1985

There is nothing in the ICCC to prohibit a lender from offering a “giveaway” to attract business.  However, the advertising material must not be misleading or deceptive. 

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