Iowa Code r. 701-261.9 - Dealer's and user's license nonassignable
An L.P.G., L.N.G., or C.N.G. dealer's license or user's license cannot be assigned. The following nonexclusive situations will be considered an assignment:
1. A change
in the name under which the licensee conducts business.
2. A change in the location where the
business is conducted.
3. A sale of
the business (even if the new owner(s) operates under the same business
name).
4. A merger or other
business combination which results in a new or different entity.
This rule is intended to implement Iowa Code section 452A.8.
Notes
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