322.28  Distributor or wholesaler’s license.
  A distributor or wholesaler of new motor vehicles shall not sell or offer for sale a new motor vehicle at retail unless licensed as a new motor vehicle dealer. A licensed distributor or wholesaler of a new motor vehicle shall not register or title a new motor vehicle held for sale and shall transfer ownership of a new motor vehicle by assigning the manufacturer’s statement of origin for the vehicle.
[C66, 71, 73, 75, 77, 79, 81, §322.28]
2001 Acts, ch 32, §33, 40