Iowa Admin. Code r. 701-250.5
Current through Regsiter Vol. 46, No. 26, June 12, 2024
If a person sells a vehicle subject to registration and then buys the same vehicle back, the transaction is not exempt from the fee for new registration. These are two separate transactions, and both are subject to the fee for new registration.
This rule is intended to implement Iowa Code section 321.105A as amended by 2021 Iowa Acts, Senate File 366.
Iowa Admin. Code r. 701-250.5