321.49 - TIME LIMIT -- PENALTY -- POWER OF ATTORNEY.
321.49 TIME LIMIT -- PENALTY -- POWER OF ATTORNEY. 1. Except as provided in section 321.52, if an application for transfer of registration and certificate of title is not submitted to the county treasurer of the residence of the transferee within thirty days of the date of assignment or transfer of title, or within thirty days of the date of delivery to the purchaser if the vehicle is subject to a security interest and was offered for sale pursuant to section 321.48, subsection 1, a penalty of ten dollars shall accrue against the applicant, and no registration card or certificate of title shall be issued to the applicant for the vehicle until the penalty is paid. 2. Certificates of title to vehicles may be assigned by an attorney in fact of the owner under a power of attorney appointed and so empowered on forms provided by the department. Such power of attorney shall be filed by the transferee with the application for title. 3. A manufactured or mobile home retailer who acquires a used mobile home or manufactured home, titled in Iowa, and who does not apply for and obtain a certificate of title from the county treasurer of the manufactured or mobile home retailer's county of residence within thirty days of the date of acquisition, as required under section 321.45, subsection 4, is subject to a penalty of ten dollars. A certificate of title shall not be issued to the manufactured or mobile home retailer until the penalty is paid.
Section History: Early Form [C24, 27, 31, 35, § 4966; C39, § 5002.05; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, § 321.49]
Section History: Recent Form 85 Acts, ch 209, §2; 87 Acts, ch 130, §4; 93 Acts, ch 47, § 2; 99 Acts, ch 13, §8; 99 Acts, ch 188, §9; 2000 Acts, ch 1154, §22; 2001 Acts, ch 153, §17, 18; 2002 Acts, ch 1119, §45 Referred to in § 331.557