Iowa § 16.27A - 16.27A Powers relating to loans.
Full text of Iowa Iowa Code § 16.27A — 16.27A Powers relating to loans., with citation guidance and answers to common questions.
§ 16.27A. 16.27A Powers relating to loans.
Subject to any agreement with bondholders or noteholders, the authority may renegotiate a mortgage or secured loan or a loan to a lending institution in default, waive a default or consent to the modification of the terms of a mortgage or secured loan or a loan to a lending institution, forgive or forbear all or part of a mortgage or secured loan or a loan to a lending institution, and commence, prosecute, and enforce a judgment in any action, including but not limited to a foreclosure action, to protect or enforce any right conferred upon it by law, mortgage or secured loan agreement, contract, or other agreement, and in connection with any action, bid for and purchase the property or acquire or take possession of it, complete, administer, pay the principal of and interest on any obligations incurred in connection with the property, and dispose of and otherwise deal with the property in a manner the authority deems advisable to protect its interests. 2014 Acts, ch 1080, §32, 78; 2015 Acts, ch 30, §20 Wed Dec 10 22:10:57 2025 Iowa Code 2026, Section 16.27A (17, 0)
Frequently Asked Questions About Iowa § 16.27A
What does Iowa Code § 16.27A cover?
Section 16.27A ("16.27A Powers relating to loans.") is part of the Iowa Code, the codified statutory law of Iowa. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Iowa § 16.27A?
A common citation format is "Iowa Code § 16.27A" (Iowa). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Iowa law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Iowa official source linked on this page or consult a licensed Iowa attorney.
How does Iowa § 16.27A apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Iowa can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Iowa.