Iowa Admin. Code r. 761-425.11

Current through Regsiter Vol. 46, No. 26, June 12, 2024

Rule 761-425.11 - Motor vehicle dealer licensing for final-stage manufacturers

(1)Eligibility. A final-stage manufacturer may be licensed as a motor vehicle dealer if the final-stage manufacturer:

a. Meets the definition of "final-stage manufacturer" in Iowa Code section 322.2.

b. Meets the requirements of a final-stage manufacturer in 49 CFR Section 567.5.

c. Is licensed as a manufacturer under Iowa Code chapter 322 and this chapter.

(2)Application. A final-stage manufacturer shall apply for a motor vehicle dealer license in the manner described in rule 761-425.10 (322) and shall certify that the final-stage manufacturer meets the eligibility requirements under subrule 425.11(1).

This rule is intended to implement Iowa Code sections 322.2 and 322.3.

Iowa Admin. Code r. 761-425.11

Amended by IAB March 13, 2019/Volume XLI, Number 19, effective 4/17/2019