Terms Used In Iowa Code > Chapter 522A - Sale of Insurance by Vehicle Rental Companies

• Commission: means the real estate commission as established by chapter 543B. See Iowa Code 543C.1
• Commissioner: means the commissioner of insurance appointed pursuant to section 505. See Iowa Code 522A.2
• Counter employee: means any employee at least eighteen years of age employed by a rental company that offers the products described in this chapter. See Iowa Code 522A.2
• Dependent: A person dependent for support upon another.
• Fiduciary: A trustee, executor, or administrator.
• following: when used by way of reference to a chapter or other part of a statute mean the next preceding or next following chapter or other part. See Iowa Code 4.1
• Insurer: means a person duly licensed in this state as an insurance company pursuant to this subtitle. See Iowa Code 510.1B
• Limited licensee: means a person at least eighteen years of age or an entity authorized to sell certain insurance coverages relating to the rental of vehicles. See Iowa Code 522A.2
• person: means individual, corporation, limited liability company, government or governmental subdivision or agency, business trust, estate, trust, partnership or association, or any other legal entity. See Iowa Code 4.1
• Rental agreement: means any written agreement setting forth the terms and conditions governing the use of a vehicle provided by a rental company for rental. See Iowa Code 522A.2
• Rental company: means any person or entity in the business of primarily providing vehicles intended for the private transportation of passengers to the public under a rental agreement for a period not to exceed ninety days. See Iowa Code 522A.2
• Rental period: means the term of the rental agreement. See Iowa Code 522A.2
• Renter: means any person obtaining the use of a vehicle from a rental company under the terms of a rental agreement for a period not to exceed ninety days. See Iowa Code 522A.2
• Sale: means any sale, offer for sale, or attempt to sell or lease any land, to the public in this state, for cash or on credit. See Iowa Code 543C.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
• Transaction: means a sale, trade, exchange, transfer, payment, or conversion of a digital asset or any other property or any other action or set of actions occurring between two or more persons relating to the conduct of business, commercial, or governmental affairs. See Iowa Code 554E.1
• Vehicle: means a motor vehicle under section 321. See Iowa Code 522A.2
• year: means twelve consecutive months. See Iowa Code 4.1