First Northwestern National Bank v. Crouch

McCORMICK, Justice.

The main question in this appeal is whether the parties could and did contract to make a transaction subject to the Iowa Consumer Credit Code (ICCC), chapter 537, The Code, when it would not otherwise be covered. The trial court held they did not do so in this case. We hold they could and did do so. Plaintiff First Northwestern National Bank did not give defendant a notice of right to cure as required under sections 537.5110-.5111, The Code, before bringing the present action on the promissory note of defendant Doris L. Crouch. Therefore we reverse plaintiff’s judgment on…