Text: H08274                            Text: H08276
Text: H08200 - H08299                   Text: H Index
Bills and Amendments: General Index     Bill History: General Index

House Amendment 8275

Amendment Text

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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