House Journal: Page 1244: Wednesday, April 5, 2000
20 (2) The termination of the provider's business.
21 b. The provider is not required to submit a fee as
22 part of this filing.
23 Sec. 6. Section 321I.10, Code 1999, is amended to
24 read as follows:
25 321I.10 MISREPRESENTATIONS OF STATE APPROVAL.
26 It is unlawful for a a motor vehicle service
27 contract provider to shall not represent or imply in
28 any manner that the provider has been sponsored,
29 recommended, or approved or that the provider's
30 abilities or qualifications have in any respect been
31 passed upon by the securities bureau, the insurance
32 division, or the state of Iowa, including the
33 commissioner, the insurance division, or the
34 division's securities bureau.
35 Sec. 7. Section 321I.11, Code 1999, is amended by
36 adding the following new subsection:
37 NEW SUBSECTION. 5A. a motor vehicle service
38 contract provider shall not repair a motor vehicle
39 covered by a motor vehicle service contract with any
40 of the following:
41 a. Used parts, unless the provider receives prior
42 written authorization by the vehicle owner.
43 b. Rebuilt parts, unless the parts are rebuilt
44 according to national standards recognized by the
45 insurance division.
46 Sec. 8. Section 321I.12, subsection 1, unnumbered
47 paragraph 1, Code 1999, is amended to read as follows:
48 a motor vehicle service contract provider shall
49 keep accurate accounts, books, and records concerning
50 transactions regulated under this chapter.
Page 3
1 Sec. 9. Section 321I.12, subsection 1, paragraph
2 a, unnumbered paragraph 1, Code 1999, is amended to
3 read as follows:
4 a motor vehicle service contract provider's
5 accounts, books, and records shall include all of the
6 following:
7 Sec. 10. Section 321I.12, subsection 1, paragraphs
8 b and c, Code 1999, are amended to read as follows:
9 b. a motor vehicle service contract provider shall
10 retain all required accounts, books, and records
11 pertaining to a service contract holder for at least
12 two years after the specified period of coverage has
13 expired. a provider discontinuing business in this
14 state shall maintain its records until the provider
15 furnishes the commissioner satisfactory proof that the
16 provider has discharged all obligations to contract
17 holders in this state.
18 c. Motor vehicle service contract providers shall
© 2000 Cornell College and
League of Women Voters of Iowa
Comments about this site or page?
hjourn@legis.iowa.gov.
Please remember that the person listed above does not vote on bills. Direct all comments concerning legislation to State Legislators.
Last update: Mon May 1 13:35:00 CDT 2000
URL: /DOCS/GA/78GA/Session.2/HJournal/01200/01244.html
jhf