Iowa Admin. Code r. 761-425.13 - Business records of a motor vehicle dealer with multiple licenses
(1)
Applicability. A motor vehicle dealer licensed under Iowa Code
chapter 322 and this chapter who holds more than one motor vehicle dealer
license may maintain the dealer's collective business records together at any
of the dealer's licensed locations.
(2)
Separation of records.
Business records of licensed motor vehicle dealers kept at a single licensed
location under this rule shall be stored separately and distinctly, in a manner
distinguishable to each licensee, and shall not be commingled.
(3)
Notification to the
department. A motor vehicle dealer shall notify the vehicle and motor
carrier services bureau in writing no fewer than ten days before moving the
dealer's business records to another licensed location.
This rule is intended to implement Iowa Code sections 321.63 and 322.2 to 322.15.
Notes
State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly release. More comparison features will be added as we have more versions to compare.
No prior version found.