Iowa Transitions Division of Banking Licenses to NMLS

Wendy Novotne
Ballard Spahr LLP
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Ballard Spahr LLP

On October 1, 2017, the Iowa Division of Banking will require the following licensees to submit a license transition request via NMLS:

  • Delayed Deposit Services Business Registration;
  • Delayed Deposit Services Business Branch License;
  • Debt Management License; and
  • Money Services License.

Current licensees must submit a transition request via NMLS by December 1, 2017. More information can be found here.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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