1. The license fee for a license to engage in the business of leasing vehicles in this state is thirty dollars for a two-year period or part thereof, to be paid at the time the application for a license is filed. If the application is denied, the amount of the fee shall be refunded to the applicant.

Terms Used In Iowa Code 321F.4

  • Business: means the business of leasing motor vehicles for use by others for compensation. See Iowa Code 321F.1
  • Licensee: means a person licensed under the provisions of this chapter to engage in business. See Iowa Code 321F.1
  • month: means a calendar month, and the word "year" and the abbreviation "A. See Iowa Code 4.1
  • Person: means an individual, partnership, corporation, association, or other business entity. See Iowa Code 321F.1
  • state: when applied to the different parts of the United States, includes the District of Columbia and the territories, and the words "United States" may include the said district and territories. See Iowa Code 4.1
 2. A license expires on December 31 of even-numbered years. 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.
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