535.14 Prompt crediting of payment on loans secured by residential real property.
A lender is subject to the requirements set forth in section 537.3206, regarding the prompt crediting of payments, with respect to a loan secured by a lien or security interest on owner-occupied residential real property. For purposes of this section, “residential real property” means residential real property as defined in section 535B.1.
99 Acts, ch 15, §2
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