Key facts
| Measure | Value | Year |
|---|---|---|
| civil damages rule[1] | A civil action on a check dishonored for lack of funds after being presented twice, or drawn on a nonexistent account, may recover total damages of 3 times the face value, including the face value, but no more than 500 dollars above the check amount, under Iowa Code Section 554.3513. | 2026 |
| notice period days[1] | 30 | 2026 |
| prosecution notice requirement[2] | A court or jury may infer the maker knew a check would not be paid if the drawee refused payment for insufficient funds and the maker did not pay the holder within 10 days of receiving notice of the refusal, sent by certified mail or personal service, under Iowa Code Section 714.1(6). | 2026 |
| statute citation[2] | Iowa Code Section 714.1(6), theft defined | 2026 |
Lending rules in Iowa: Iowa lending laws.
Sources
- Iowa Legislature. Iowa Code Section 554.3513, Civil remedy for dishonor.
- Iowa Legislature. Iowa Code Section 714.1, Theft defined.