322.7A - USED MOTOR VEHICLE DEALER EDUCATION PROGRAM.

        322.7A  USED MOTOR VEHICLE DEALER EDUCATION PROGRAM.         1.  An applicant for a license as a used motor vehicle dealer      shall complete a minimum of eight hours of prelicensing education      program courses pursuant to this section prior to submitting an      application to the department.         2.  A person seeking renewal of a used motor vehicle dealer      license shall complete a minimum of five hours of continuing      education program courses over a two-year period pursuant to this      section prior to submitting an application for license renewal.      However, an applicant for renewal of a used motor vehicle dealer      license who has met the prelicensing education requirement under      subsection 1 within the preceding twenty-four months is exempt from      the continuing education requirement for license renewal.         3.  To meet the requirements of this section, at least one      individual who is associated with the used motor vehicle dealer as an      owner, principal, corporate officer, director, or member or partner      of a limited liability company or limited liability partnership shall      complete the education program courses.         4.  The Iowa independent automobile dealers association, in      consultation with the state department of transportation, the      department of education, the attorney general, and the Iowa      association of community college trustees, shall develop the      prelicensing and continuing education course curricula for the used      motor vehicle dealer education program, which shall include but not      be limited to examination of federal and state laws applicable to the      motor vehicle industry and federal and state regulations pertaining      to used motor vehicle dealers.  The education program courses shall      be provided by community colleges as defined in section 260C.2 or by      the Iowa independent automobile dealers association in conjunction      with a community college.  The department of education shall adopt      rules establishing reasonable fees to be charged for the prelicensing      education courses and the continuing education courses.         5.  A community college shall issue a certificate to each person      who successfully completes the prelicensing education program or a      continuing education program under this section.  The current      certificate of completion, or a copy of the certificate, shall be      posted conspicuously in the principal office of the licensee.         6.  The provisions of this section apply to all used motor vehicle      dealers, including but not limited to individuals, corporations, and      partnerships, except for the following:         a.  Motor vehicle rental companies having a national      franchise.         b.  National motor vehicle auction companies.         c.  Wholesale dealer-only auction companies.         d.  Used car dealerships owned by a franchise motor vehicle      dealer.         e.  Banks, credit unions, and savings and loan associations.         7.  Each community college providing used motor vehicle dealer      education program courses shall transmit a report on the program      annually by December 31 to the director of transportation, the      director of the department of education, the attorney general, and      the president of the Iowa association of community college trustees.      
         Section History: Recent Form
         2007 Acts, ch 51, §3; 2008 Acts, ch 1124, §18, 40         Referred to in § 322.4, 322.7