321F.1 Definitions. When used in this chapter, unless the context requires otherwise: 1. “Business” means the business of leasing motor vehicles for use by others for compensation. 2. “Director” means the director of transportation or the director’s designee. 3. “Evidence of financial responsibility” means: a. A certificate of an insurance carrier certifying that the lessor […]
321F.10 Department employees. Section 322.1, as it pertains to employees and the expenditure of funds shall apply to the provisions of this chapter. [C71, 73, 75, 77, 79, 81, §321F.10]
321F.11 Rules adopted — deposit of fees. The director shall adopt rules for the purpose of administering this chapter. All fees and funds accruing from the administration of this chapter shall be remitted to the treasurer of state monthly and deposited in the road use tax fund. [C71, 73, 75, 77, 79, 81, §321F.11]
321F.12 Penalty. Any person violating any provision of this chapter shall be guilty of a simple misdemeanor. [C71, 73, 75, 77, 79, 81, §321F.12]
321F.2 License required. No person shall engage in business in this state without first having obtained a license as provided in this chapter. [C71, 73, 75, 77, 79, 81, §321F.2]
321F.3 Application. The application for a license to engage in business in this state shall be filed with the director and shall provide such information relating to applicant’s business as the director may require. [C71, 73, 75, 77, 79, 81, §321F.3]
321F.4 Fees and expiration. 1. The license fee for a license to engage in the business of leasing vehicles in this state is thirty dollars for a two-year period or part thereof, to be paid at the time the application for a license is filed. If the application is denied, the amount of the fee […]
321F.4A Repealed by 98 Acts, ch 1075, §32.
321F.5 Denial or suspension of license. A license shall be denied if the applicant has engaged in business in this state within one year prior to the date of application without first having obtained a license as provided in this chapter, or has violated any rules and regulations of the director adopted for the administration […]
321F.6 Financial responsibility — lease. The lessee shall carry in the vehicle being leased, evidence of financial responsibility as required by this chapter and a copy of the lease, setting forth the name and address of the lessee, period of the lease, and other information as the director may require. The lease shall be shown […]
321F.7 Repealed by 95 Acts, ch 118, §38.
321F.8 Registration of vehicle required. All motor vehicles which are primarily garaged or located in this state and which are the subject of a lease shall be registered in this state. This section shall not be construed to exempt any motor vehicle from registration which is otherwise subject to registration under the provisions of chapter […]
321F.9 Option to purchase — dealer’s license. Any person engaged in business in this state shall not enter into any agreement for the use of a motor vehicle under the terms of which that person grants to another an option to purchase the motor vehicle without first having obtained a motor vehicle dealer’s license under […]
