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Text: HF00503                           Text: HF00505
Text: HF00500 - HF00599                 Text: HF Index
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House File 504

Partial Bill History

Bill Text

PAG LIN
  1  1    Section 1.  Section 321.493, Code 1995, is amended to read
  1  2 as follows:
  1  3    321.493  LIABILITY FOR DAMAGES.
  1  4    1.  In all cases where damage is done by any motor vehicle
  1  5 by reason of negligence of the driver, and driven with the
  1  6 consent of the owner, the owner of the motor vehicle shall be
  1  7 liable for such damage.   For purposes of this subsection,
  1  8 "owner" means the person to whom the certificate of title for
  1  9 the vehicle has been issued or assigned or to whom a
  1 10 manufacturer's or importer's certificate of origin for the
  1 11 vehicle has been delivered or assigned.  However, if the
  1 12 vehicle is leased, "owner" means the person to whom the
  1 13 vehicle is leased, not the person to whom the certificate of
  1 14 title for the vehicle has been issued or assigned or to whom
  1 15 the manufacturer's or importer's certificate of origin for the
  1 16 vehicle has been delivered or assigned.  For purposes of this
  1 17 subsection, "leased" means the transfer of the possession or
  1 18 right to possession of a vehicle to a lessee for a valuable
  1 19 consideration for a continuous period of twelve months or
  1 20 more, pursuant to a written agreement.
  1 21    2.  A person who has made a bona fide sale or transfer of
  1 22 the person's right, title, or interest in or to a motor
  1 23 vehicle and who has delivered possession of such the motor
  1 24 vehicle to the purchaser or transferee shall not be liable for
  1 25 any damage thereafter resulting from negligent operation of
  1 26 such the motor vehicle by another, but the purchaser or
  1 27 transferee to whom possession was delivered shall be deemed
  1 28 the owner.  The provisions of subsection 2 of section 321.45
  1 29 shall not apply in determining, for the purpose of fixing
  1 30 liability hereunder under this subsection, whether such sale
  1 31 or transfer was made.
  1 32    Sec. 2.  Section 321A.1, subsection 8, Code 1995, is
  1 33 amended to read as follows:
  1 34    8.  OWNER.  A "Owner" means a person who holds the legal
  1 35 title of a motor vehicle, or in however, if the event a motor
  2  1 vehicle is the subject of a security agreement with a right of
  2  2 possession in the debtor, then such the debtor shall be deemed
  2  3 the owner for the purpose purposes of this chapter or if the
  2  4 motor vehicle is leased as defined in section 321.493, the
  2  5 lessee shall be deemed the owner for purposes of this chapter.  
  2  6 HF 504
  2  7 js/pk/25
     
Text: HF00503                           Text: HF00505
Text: HF00500 - HF00599                 Text: HF Index
Bills and Amendments: General Index     Bill History: General Index
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