Iowa Admin. Code r. 761-480.4

Current through Register Vol. 47, No. 8, October 30, 2024

Rule 761-480.4 - Advertising

(1) A public auction shall be advertised at least seven days in advance within the county where the auction will take place or where the vehicle is physically located. At minimum, the manner of the advertising shall be:

a. Published in a newspaper which meets the requirements set forth in Iowa Code section 618.3; and

b. Posted in a conspicuous manner viewable to the public at the location where the public auction will occur. If the public auction is to be conducted by electronic means, the location shall be the specific website to be used for the auction.

(2) If a vehicle is not sold at the scheduled public auction, any subsequent attempt to sell the vehicle by auction must be preceded by advertising pursuant to this rule.

Iowa Admin. Code r. 761-480.4

Amended by IAB November 4, 2020/Volume XLIII, Number 10, effective 12/9/2020