Iowa Code 321.162 – Method of fixing value and weight
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Terms Used In Iowa Code 321.162
- Manufacturer: means a person engaged in the business of constructing or assembling all-terrain vehicles required to be registered under this chapter and who has an established place of business for that purpose in this state. See Iowa Code 321I.1
- Vehicle: means any vehicle as defined in chapter 321. See Iowa Code 321H.2
The value shall be fixed at the next even one hundred dollars above the retail list price F.O.B. the factory, and the weight shall be fixed at the next even one hundred pounds above the manufacturer‘s shipping weight or the actual weight of the vehicle fully equipped.