Text: H08274 Text: H08276 Text: H08200 - H08299 Text: H Index Bills and Amendments: General Index Bill History: General Index
PAG LIN 1 1 Amend House File 2509 as follows: 1 2 #1. Page 1, by inserting before line 1, the 1 3 following: 1 4 "Section 1. Section 322.2, subsection 7, Code 1 5 Supplement 2001, is amended to read as follows: 1 6 7. "Engaged in the business" means doing any of 1 7 the following acts for the purpose of the sale of 1 8 motor vehicles at retail: acquiring, selling, 1 9 exchanging, holding, offering, displaying, brokering, 1 10 accepting on consignment, conducting a retail auction, 1 11 or acting as an agent for the purpose of doing any of 1 12 those acts. A person selling at retail more than six 1 13 motor vehicles during a twelve-month period may be 1 14 presumed to be engaged in the business, except that a 1 15 private, nonprofit corporation chartered under chapter 1 16 504A shall not be presumed to be engaged in the 1 17 business of selling used vehicles, provided that the 1 18 vehicles sold by the private, nonprofit corporation 1 19 are vehicles that have been donated to the private, 1 20 nonprofit corporation for the purpose of raising funds 1 21 for the private, nonprofit corporation. A private, 1 22 nonprofit corporation that sells more that twenty-five 1 23 vehicles in a twelve-month period shall, however, be 1 24 required to be licensed under this chapter as an 1 25 entity engaged in the business of selling motor 1 26 vehicles." 1 27 #2. By renumbering, redesignating, and correcting 1 28 internal references as necessary. 1 29 1 30 1 31 1 32 FALLON of Polk 1 33 HF 2509.501 79 1 34 jj/pj
Text: H08274 Text: H08276 Text: H08200 - H08299 Text: H Index Bills and Amendments: General Index Bill History: General Index
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