House Journal: Page 1694: Monday, April 26, 1999

34   where the certificate of title was issued or, in the

35   case of a new certificate, to the county treasurer
36   where the certificate will be issued, of an
37   application for certificate of title which lists the
38   security interest, or an application for notation of
39   security interest signed by the owner, or by one owner
40   of a vehicle owned jointly by more than one person, or
41   a certificate of title from another jurisdiction which
42   shows the security interest, and a fee of five dollars
43   for each security interest shown.  If the owner or
44   secured party is in possession of the certificate of
45   title, it must also be delivered at this time in order
46   to perfect the security interest.  If a vehicle is
47   subject to a security interest when brought into this
48   state, the validity of the security interest and the
49   date of perfection is determined by section 554.9103.
50   Delivery as provided in this subsection is an
Page 3
 1   indication of a security interest on a certificate of
 2   title for purposes of chapter 554.
 3     Sec. ___.  Section 321.57, unnumbered paragraph 5,
 4   Code 1999, is amended to read as follows:
 5     Mobile home dealers licensed under chapter 322B may
 6   transport and deliver mobile homes or manufactured
 7   housing in their inventory upon the highways of this
 8   state with a special plate displayed on the mobile
 9   home or manufactured housing as provided in sections
10   321.58 to 321.62."
11     7.  Page 3, by inserting after line 31 the
12   following:
13     "Sec. ___.  Section 321.104, subsection 6, Code
14   1999, is amended to read as follows:
15     6.  For a dealer to sell or transfer a mobile home
16   or manufactured housing without delivering to the
17   purchaser or transferee a certificate of title or a
18   manufacturer's or importer's certificate properly
19   assigned to the purchaser, or to transfer a mobile
20   home or manufactured housing without disclosing to the
21   purchaser the owner of the mobile home or manufactured
22   housing in a manner prescribed by the department
23   pursuant to rules, or to fail to certify within seven
24   days to the proper county treasurer the information
25   required under section 321.45, subsection 4, or to
26   fail to apply for and obtain a certificate of title
27   for a used mobile home or manufactured housing, titled
28   in Iowa, acquired by the dealer within fifteen thirty
29   days from the date of acquisition as required under
30   section 321.45, subsection 4.
31     Sec. ___.  Section 321.123, unnumbered paragraph 1,
32   Code 1999, is amended to read as follows:

© 1999 Cornell College and League of Women Voters of Iowa

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