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COMPILED CODE - Iowa Legislature - State of Iowa

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396<br />

§S 5S94-a7-5S94-all. CHATTEL LOANS. Tit. XXI, Ch. 1-A.<br />

7 have occurred after a prior conviction, in which case another license<br />

8 shall not be issued to such licensee, nor to the husband or wife <strong>of</strong> the<br />

9 licensee, nor to any copartnership or corporation <strong>of</strong> which he is a<br />

10 member or <strong>of</strong>ficer.<br />

[39 G. A., ch. 35, § 6.]<br />

SEC. 5894-a7. Display <strong>of</strong> license.<br />

1 The license shall be kept conspicuously posted in the place <strong>of</strong> busi-<br />

2 ness <strong>of</strong> the licensee.<br />

[39 G. A., ch. 35, § 7.]<br />

SEC. 5894-a8. Manner <strong>of</strong> making loans—duplicate license.<br />

1 No person, copartnership, or corporation so licensed shall make<br />

2 any loan provided for by this chapter, under any other name, or at<br />

3 any other place <strong>of</strong> business, than that named in the license. Not more<br />

4 than one place <strong>of</strong> business shall be maintained under the same license,<br />

5 but the licensing <strong>of</strong>ficial shall issue more than one license to the same<br />

6 licensee upon the payment <strong>of</strong> an additional license fee and the filing<br />

7 <strong>of</strong> an additional bond for each license.<br />

[39 G. A., ch. 35, § 8.]<br />

SEC. 6894-a9. Notice <strong>of</strong> change <strong>of</strong> place <strong>of</strong> business.<br />

1 Whenever the licensee shall change his place <strong>of</strong> business, he shall<br />

2 at once give written notice there<strong>of</strong> to the licensing <strong>of</strong>ficial who shall<br />

3 attach to the license his approval in writing <strong>of</strong> the change.<br />

[39 G. A., ch. 35, § 9.]<br />

SEC. 5894-alO. Examinations and inspections.<br />

1 The licensing <strong>of</strong>ficial for the purpose <strong>of</strong> discovering violations <strong>of</strong><br />

2 this chapter, may either personally, or by any person designated by<br />

3 him, at any time and as <strong>of</strong>ten as he may desire, investigate the loans<br />

4 and business <strong>of</strong> every licensee and <strong>of</strong> every person, copartnership, and<br />

5 corporation by whom or which, any such loan shall be made, whether<br />

6 such person, copartnership, or corporation shall act, or claim to act<br />

7 as principal, agent, or broker, or under, or without the authority <strong>of</strong><br />

8 this chapter; and for that purpose he shall have free access to the<br />

9 <strong>of</strong>fice or place <strong>of</strong> business, books, papers, records, safes and vaults <strong>of</strong><br />

10 all such persons, copartnerships and corporations ; he shall also have<br />

11 authority to examine, under oath, all persons whomsoever, whose testi-<br />

12 mony he may require, relative to such loans, or business.<br />

[39 G. A., ch. 35, § 10.]<br />

SEC. 5894-all. Books and records <strong>of</strong> licensee.<br />

1 The licensee shall keep such books and records in his place <strong>of</strong><br />

2 business as in the opinion <strong>of</strong> the licensing <strong>of</strong>ficial will enable the licens-<br />

3 ing <strong>of</strong>ficial to determine whether the provisions <strong>of</strong> this chapter are<br />

4 being observed. Every such licensee shall preserve the records <strong>of</strong><br />

5 final entry used in such business, including cards used in the card<br />

6 system, if any, for a" period <strong>of</strong> at least two years after the making <strong>of</strong><br />

7 any loan recorded therein.<br />

[39 G. A., ch. 35, § 11.]

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