This bill amends various sections of Iowa's Code to facilitate remote sales of motor vehicles. It introduces a new subparagraph in Section 321.45, allowing individuals who purchase vehicles through remote sales to be recognized under the law. Additionally, it modifies Section 321.67 to clarify that, except for specific provisions, no person may sell or dispose of a registered vehicle without delivering a certificate of title to the purchaser. The bill also updates Section 322.3 to remove the requirement that a dealer's remote sale must occur at a location listed on their license, and it allows dealers to hold vehicle titles in an electronic format.

Furthermore, the bill establishes that buyers acquire rights to the vehicle upon delivery, with the seller required to provide the certificate of title within thirty days. It mandates that dealers disclose important information about the vehicle's location, title status, and estimated delivery date to prospective buyers. Dealers must also produce proof of title within twenty-four hours if requested by the Department of Transportation and maintain records related to the remote sale. Lastly, the bill clarifies that remote sales are not classified as door-to-door sales and are not subject to the regulations governing such sales.

Statutes affected:
Introduced: 321.45, 322.3, 321.23