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Iowa Code Title XV. Judicial Branch and Judicial Procedures [Chs. 595-686] § 655.6. Limitation of liability

Current as of January 01, 2024 | Updated by FindLaw Staff

A mortgagee is not liable under section 655.3 if all of the following apply:

1. The mortgagee established reasonable procedures to achieve compliance with its obligations under section 655.3.

2. The mortgagee complied with that procedure in good faith.

3. The mortgagee was unable to comply with its obligations because of circumstances beyond its control.

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Cite this article: FindLaw.com - Iowa Code Title XV. Judicial Branch and Judicial Procedures [Chs. 595-686] § 655.6. Limitation of liability - last updated January 01, 2024 | https://codes.findlaw.com/ia/title-xv-judicial-branch-and-judicial-procedures-chs-595-686/ia-code-sect-655-6/

Read this complete Iowa Code Title XV. Judicial Branch and Judicial Procedures [Chs. 595-686] § 655.6. Limitation of liability on Westlaw. Westlaw subscription required.

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