322.1 Administration. 1. The administration of this chapter shall be vested in the director of transportation. The department may employ such employees as are necessary for the administration of this chapter, provided the amount expended in any one year shall not exceed the revenue derived from the provisions of this chapter. 2. The director may […]
322.10 Judicial review. Judicial review of actions of the department may be sought in accordance with the terms of the Iowa administrative procedure Act, chapter 17A. The petitioner shall file with the clerk a bond for the use of the respondent, with sureties approved by the clerk and in an amount fixed by the clerk. […]
322.11 Injunctions. Whenever the department shall believe from evidence satisfactory to it that any person has or is now violating any provision of this chapter, the department may, in addition to any other remedy, bring an action in the name and on behalf of the state of Iowa against such person and any other person […]
322.12 Disposition of fees. All fees and funds of whatever character accruing from the administration of this chapter shall be accounted for and paid by the department into the state treasury monthly and shall be placed in the road use tax fund. [C39, §5039.12; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, […]
322.13 Rules. 1. The department shall have full authority to prescribe reasonable rules for the administration and enforcement of this chapter, which shall be in addition to and not inconsistent with this chapter. All rules shall be filed and entered by the department in its office in an indexed, permanent book or record, with the […]
322.14 Penalties. 1. A person who violates any of the provisions of this chapter for which a penalty is not specifically provided is guilty of a simple misdemeanor punishable by a fine of not less than two hundred fifty dollars nor more than one thousand five hundred dollars or by imprisonment not to exceed thirty […]
322.15 Construction of chapter. 1. All provisions of this chapter shall be liberally construed to the end that the practice or commission of fraud in the sale, barter, or disposition of motor vehicles at retail in this state may be prohibited and prevented, and irresponsible, unreliable, or dishonest persons may be prevented from engaging in […]
322.17 Copy of contract to buyer. A copy of every retail installment contract shall be furnished to the buyer at the time of the execution of the contract. An acknowledgment by the buyer contained in the body of the retail installment contract of the delivery of a copy thereof shall be conclusive proof of delivery […]
322.18 Dual-interest insurance. If dual-interest insurance on the motor vehicle is purchased by the holder it shall, within thirty days after execution of the retail installment contract, send or cause to be sent to the buyer a policy or policies or certificate of insurance, written by an insurance company authorized to do business in this […]
322.19 Finance charges — amount. 1. Notwithstanding the provisions of any other existing law, a retail installment transaction may include a finance charge not in excess of the following rates: a. Class 1. Any new motor vehicle designated by the manufacturer by a year model not earlier than the year in which the sale is […]
322.19A Documentary fee. 1. For purposes of this section, “documentary fee” means a fee that may be charged to a customer by a motor vehicle dealer for the preparation of documents related to an application for motor vehicle registration and an application for issuance of a certificate of title, and the performance of other related […]
322.2 Definitions. As used in this chapter and unless a different meaning appears from the context: 1. “At retail” means to dispose of a motor vehicle to a person who will devote it to a consumer use. 2. “Autocycle” means as defined in section 321.1. 3. “Completed motor vehicle” means a motor vehicle which does […]
322.20 Extension of time. Sections 537.2503 and 537.3402 notwithstanding, if the holder of a retail installment contract in connection with the purchase or sale of a vehicle, at the request of the buyer, renews the loan or extends the scheduled due date of all or any part of an installment or installments, the holder may […]
322.21 Remaining balance on trade vehicle. The extension of credit by a retail seller to a retail buyer, pursuant to a retail installment contract, of the amount actually paid or to be paid by the retail seller to discharge a purchase-money security interest, as provided in section 554.9103, on a motor vehicle traded in by […]
322.23 Complaints. Any retail buyer having reason to believe that the provisions of this chapter relating to the buyer’s installment contract have been violated may file with the department a written complaint setting forth the details of such alleged violation and the department, upon the receipt of such complaint, may inspect the pertinent books, records, […]
322.24 Hearing — subpoenas. 1. The state department of transportation and the department of inspections and appeals may issue subpoenas to compel the attendance of witnesses and the production of documents, papers, books, records, and other evidence in any matter over which the respective department has jurisdiction, control, or supervision pertaining to this chapter. 2. […]
322.27 Manufacturer’s license. A manufacturer, except an alien manufacturer represented by an importer, shall not engage in business as a manufacturer in this state or employ, appoint, or maintain distributors or wholesalers or dealers, without a license as provided in this chapter. However, new motor vehicle dealers may wholesale motor vehicles without an additional license […]
322.27A Wholesaler’s license. 1. A person shall not engage in business as a wholesaler of new motor vehicles in this state without a license as provided in this chapter. 2. Prior to the issuance of such license, the department, at a minimum, and in addition to any other information the department deems necessary to the […]
322.28 Distributor or wholesaler’s license. A distributor or wholesaler of new motor vehicles shall not sell or offer for sale a new motor vehicle at retail unless licensed as a new motor vehicle dealer. A licensed distributor or wholesaler of a new motor vehicle shall not register or title a new motor vehicle held for […]
322.29 Issuance of license — fees. 1. Application for license shall be made to the department by a manufacturer, distributor, or wholesaler, in a form and containing information as the department requires and shall be accompanied by the required license fee. The license shall be granted or refused within thirty days after application. A license […]
