Iowa Code (Last Updated: December 05, 2016) |
Title VIII. TRANSPORTATION |
Chapter 322. MOTOR VEHICLE MANUFACTURERS, DISTRIBUTORS, WHOLESALERS, AND DEALERS |
Section 322.21. Remaining balance on trade vehicle.
Latest version.
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The extension of credit by a retail seller to a retail buyer, pursuant to a retail installment contract, of the amount actually paid or to be paid by the retail seller to discharge a purchase-money security interest, as provided in section 554.9103, on a motor vehicle traded in by the retail buyer shall not subject the retail seller to the provisions of chapter 536 or 536A.
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