Senate File 2362 - Enrolled
Senate File 2362
AN ACT
RELATING TO RESIDENTIAL AND MOTOR VEHICLE SERVICE CONTRACTS AND
LICENSES.
3 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA:
1 Section 1. Section 523C.4, subsection 2, Code 2024, is
2 amended to read as follows:
3 2. An application for renewal shall include the information
4 required for an initial license as described in section 523C.3,
5 subsection 1, paragraphs “a” through “e”, and, if applicable,
6 a list of each service contract form the service company
7 continues to use and issue in the state, including the service
8 contract form name, number, and the date the form was last
9 revised.
10 Sec. 2. Section 523C.4, subsection 3, paragraph c, Code
11 2024, is amended to read as follows:
12 c. If applicable, a fee in the amount of thirty-five dollars
13 for each new motor vehicle service contract form submitted
14 with the renewal application pursuant to subsection 2, and as
15 provided in section 523C.3, subsection 1, paragraph “f”
16 filed with the commissioner since the license was last issued,
17 and for each motor vehicle service contract form the service
18 company continues to use and issue in the state.
19 Sec. 3. Section 523C.7, subsection 1, Code 2024, is amended
20 by adding the following new paragraph:
21 NEW PARAGRAPH. d. Files the service contract form with the
22 commissioner. A service company shall notify the commissioner
 Senate File 2362, p. 2
23 of any material changes to a service contract form that has
24 been filed prior to using the service contract in this state.
25 Sec. 4. Section 523C.7, subsection 2, paragraph l, Code
26 2024, is amended by adding the following new subparagraph:
27 NEW SUBPARAGRAPH. (3) A service company shall accept
28 cancellations of a service contract from a contract holder
29 pursuant to subparagraph (1) by telephone, electronic mail,
30 mail, or any other cost-effective and accessible method of
31 communication.
______________________________ ______________________________
AMY SINCLAIR PAT GRASSLEY
President of the Senate Speaker of the House
I hereby certify that this bill originated in the Senate and
is known as Senate File 2362, Ninetieth General Assembly.
______________________________
W. CHARLES SMITHSON
Secretary of the Senate
Approved _______________, 2024 ______________________________
KIM REYNOLDS
Governor


Statutes affected:
Introduced: 523C.4, 523C.3, 523C.7
Enrolled: 523C.4, 523C.3, 523C.7