Text: H08291 Text: H08293 Text: H08200 - H08299 Text: H Index Bills and Amendments: General Index Bill History: General Index
PAG LIN 1 1 Amend Senate File 2192, as passed by the Senate, as 1 2 follows: 1 3 #1. Page 18, by inserting after line 26, the 1 4 following: 1 5 "Sec. . Section 322.2, subsection 7, Code 1 6 Supplement 2001, is amended to read as follows: 1 7 7. "Engaged in the business" means doing any of 1 8 the following acts for the purpose of the sale of 1 9 motor vehicles at retail: acquiring, selling, 1 10 exchanging, holding, offering, displaying, brokering, 1 11 accepting on consignment, conducting a retail auction, 1 12 or acting as an agent for the purpose of doing any of 1 13 those acts. A person selling at retail more than six 1 14 motor vehicles during a twelve-month period may be 1 15 presumed to be engaged in the business, except that a 1 16 private, nonprofit corporation chartered under chapter 1 17 504A shall not be presumed to be engaged in the 1 18 business of selling used vehicles, provided that the 1 19 vehicles sold by the private, nonprofit corporation 1 20 are vehicles that have been donated to the private, 1 21 nonprofit corporation for the purpose of raising funds 1 22 for the private, nonprofit corporation. A private, 1 23 nonprofit corporation that sells more that twenty-five 1 24 vehicles in a twelve-month period shall, however, be 1 25 required to be licensed under this chapter as an 1 26 entity engaged in the business of selling motor 1 27 vehicles." 1 28 #2. By renumbering, redesignating, and correcting 1 29 internal references as necessary. 1 30 1 31 1 32 1 33 FALLON of Polk 1 34 SF 2192.201 79 1 35 nh/sh
Text: H08291 Text: H08293 Text: H08200 - H08299 Text: H Index Bills and Amendments: General Index Bill History: General Index
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