<?xml version="1.0" encoding="UTF-8"?><slim:Document xmlns:slim="urn:legix:slim" xmlns:xhtml="http://www.w3.org/1999/xhtml" xmlns:atipl="http://www.arbortext.com/namespace/PageLayout" class="codeChapter" id="chp547A" name="547A"><slim:About class="header"><slim:Property type="string" name="version"/></slim:About><slim:TOC><slim:Item idref="sec547A.1" title="547A.1   Definition."/><slim:Item idref="sec547A.2" title="547A.2   Misuse of name — penalty."/></slim:TOC><slim:Body><slim:Level class="codeChapter" id="chp547A"><slim:Heading class="heading"><xhtml:span class="identifier">547A</xhtml:span><xhtml:span class="headnote">MISUSE OF FINANCIAL INSTITUTION OR INSURER NAME</xhtml:span></slim:Heading><slim:Section class="codeSection" id="sec547A.1"><xhtml:div class="heading"><xhtml:span class="identifier">547A.1</xhtml:span><xhtml:span class="headnote">Definition.</xhtml:span></xhtml:div><xhtml:p class="para">As used in <xhtml:span class="iowaCodeRef">this chapter</xhtml:span>, unless the context otherwise requires, <xhtml:span class="term">“financial institution”</xhtml:span> means the same as defined in <xhtml:span class="iowaCodeRef">section 527.2</xhtml:span>, and <xhtml:span class="term">“insurer”</xhtml:span> means an insurer organized under <xhtml:span class="iowaCodeRef">Title XIII, subtitle 1</xhtml:span>, or similar laws of any other state or the United States.</xhtml:p><xhtml:div class="history"><xhtml:div class="historyItem"><xhtml:p class="p"><xhtml:span class="iowaActsRef">2005 Acts, ch 22, §1</xhtml:span></xhtml:p></xhtml:div></xhtml:div></slim:Section><slim:Section class="codeSection" id="sec547A.2"><xhtml:div class="heading"><xhtml:span class="identifier">547A.2</xhtml:span><xhtml:span class="headnote">Misuse of name — penalty.</xhtml:span></xhtml:div><xhtml:div class="subsection"><xhtml:div class="heading"><xhtml:span class="identifier">1</xhtml:span></xhtml:div><xhtml:p class="para">A person who uses the name, trademark, logo, or symbol of a financial institution or insurer in connection with the sale, offering for sale, distribution, or advertising of any product or service without the consent of the financial institution or insurer, if such use is misleading or deceptive as to the source of origin or sponsorship of, or the affiliation with, the product or service, is guilty of a serious misdemeanor.</xhtml:p></xhtml:div><xhtml:div class="subsection"><xhtml:div class="heading"><xhtml:span class="identifier">2</xhtml:span></xhtml:div><xhtml:p class="para">A financial institution or insurer may bring an action to enjoin the misleading or deceptive use prohibited in <xhtml:span class="iowaCodeRef">subsection 1</xhtml:span> and recover all damages suffered by reason of the prohibited use, including reasonable attorney fees. The financial institution or insurer may recover any profits derived from the prohibited use. The state agency with regulatory authority over the financial institution or insurer may also bring an action to enjoin the misleading or deceptive use prohibited in <xhtml:span class="iowaCodeRef">subsection 1</xhtml:span>. <xhtml:span class="iowaCodeRef">This subsection</xhtml:span> does not preclude any other remedy provided by law.</xhtml:p></xhtml:div><xhtml:div class="history"><xhtml:div class="historyItem"><xhtml:p class="p"><xhtml:span class="iowaActsRef">2005 Acts, ch 22, §2</xhtml:span></xhtml:p></xhtml:div></xhtml:div></slim:Section></slim:Level></slim:Body></slim:Document>