322.28 - DISTRIBUTOR OR WHOLESALER'S LICENSE. - Iowa Statutes

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.          Section History: Early Form [C66, 71, 73, 75, 77, 79, 81, § 322.28]          Section History: Recent Form 2001 Acts, ch 32, §33, 40