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2004
-- CHAPTER 193-E
R04-01
Commission approved: January 15, 2004
Published Notice of Intended Action ARC3277B:
April 14, 2004
Commission Adopted: June 17, 2004
Published Adopted
ARC3633B: September 15, 2004 Effective Date: Effective date October 20, 2004
Chapter amended: 193E Chapter 13, “Trust Accounts and Closings,” Iowa
Administrative Code.
The amendments to subrules 13.1(3), 13.1(7), and 13.1(11) were recommended by the
Assistant Attorney General assigned to the Real Estate Commission and are intended to
clarify that written agreement of all parties and agreement of the broker are required
before the broker can deposit trust funds into a real estate trust account bearing
interest to a party other than the Iowa Department of Economic Development.
R04-02
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