1. All provisions of this chapter shall be liberally construed to the end that the practice or commission of fraud in the sale, barter, or disposition of motor vehicles at retail in this state may be prohibited and prevented, and irresponsible, unreliable, or dishonest persons may be prevented from engaging in the business of selling, bartering, or otherwise dealing in motor vehicles at retail in this state and reliable persons may be encouraged to engage in the business of selling, bartering, and otherwise dealing in motor vehicles at retail in this state.

Terms Used In Iowa Code 322.15

  • At retail: means to dispose of a motor vehicle to a person who will devote it to a consumer use. See Iowa Code 322.2
  • Commission: means the natural resource commission of the department. See Iowa Code 321I.1
  • Fraud: Intentional deception resulting in injury to another.
  • Selling: includes bartering, exchanging, delivering, or otherwise dealing in. See Iowa Code 322.2
  • 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. Nothing contained in this chapter shall be construed to require the licensing or to apply to any bank, credit union, or trust company in Iowa.
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