322.7 - LICENSE OF MOTOR VEHICLE DEALER.

        322.7  LICENSE OF MOTOR VEHICLE DEALER.         1.  If the department grants the application of any person for a      license as a motor vehicle dealer, it shall evidence the granting      thereof by a final order and shall issue to the person a license in      such form as may be prescribed by the department, which license shall      include the following:         a.  If the applicant is an individual or a partnership, the      name or style under which the licensee will engage in such business.         b.  The principal place of business of the licensee and      location therein of each place wherein the licensee is licensed to      carry on such business.         c.  The make or makes of new motor vehicles which the licensee      is licensed to sell.         2.  The instrument evidencing the license or a certified copy      thereof provided by the department shall be kept posted conspicuously      in the principal office of the licensee and in each place of business      maintained and operated by the applicant pursuant to the license in      this state.         3.  The license of a motor vehicle dealer is valid for a two-year      period and expires, unless revoked or suspended, on December 31 of      even-numbered years.         4.  The motor vehicle dealer license provided for in this chapter      shall be renewed upon application in the form and content prescribed      by the department and upon payment of the required fee.  A used motor      vehicle dealer license shall not be renewed for an applicant who is      subject to continuing education requirements until the licensee      certifies completion of the educational requirements for license      renewal under section 322.7A.  The certification may be transmitted      to the department by the education provider in electronic format.  A      licensee shall have the month of expiration and the month after the      month of expiration to renew the license.  A person who fails to      renew a license by the end of this time period and desires to hold a      license shall file a new license application and pay the required      fee.  
         Section History: Early Form
         [C39, § 5039.07; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79,      81, § 322.7] 
         Section History: Recent Form
         92 Acts, ch 1175, § 14; 2000 Acts, ch 1016, §20; 2006 Acts, ch      1068, §48, 57; 2007 Acts, ch 51, §2; 2007 Acts, ch 143, §23; 2008      Acts, ch 1032, §107