Iowa Admin. Code r. 761-425.40

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

Rule 761-425.40 - Salespersons of dealers

(1) Every motor vehicle and towable recreational vehicle dealer shall:

a. Keep a current written record of all salespersons acting in its behalf. The record shall be open to inspection by any peace of ficer or any employee of the department.

b. Maintain a current record of authorized persons allowed to sign all documents required under Iowa Code chapter 321 for vehicle sales.

(2) No person shall either directly or indirectly claim to represent a dealer unless the person is listed as a salesperson by that dealer.

This rule is intended to implement Iowa Code sections 322.3, 322.13, and 322C.4

Iowa Admin. Code r. 761-425.40

Amended by IAB March 11, 2020/Volume XLII, Number 19, effective 4/15/2020