Iowa Code 523C.2 – License required
Current as of: 2024 | Check for updates
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Terms Used In Iowa Code 523C.2
- Contract: A legal written agreement that becomes binding when signed.
- 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
- 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
523C.2 License required.
1. A person shall not issue, offer for sale, or sell a motor vehicle service contract or
residential service contract in this state unless the person is licensed as a service company under this chapter.
2. The licensure requirements of this chapter shall not apply to any person who provides support services or works under the direction of a licensed service company in connection with the issuance, offer for sale, or sale of a service contract in this state, including but not limited to a person who provides marketing, administrative, or technical support.
83 Acts, ch 87, §3; 93 Acts, ch 60, §7; 2019 Acts, ch 142, §2, 19
1. A person shall not issue, offer for sale, or sell a motor vehicle service contract or
residential service contract in this state unless the person is licensed as a service company under this chapter.
2. The licensure requirements of this chapter shall not apply to any person who provides support services or works under the direction of a licensed service company in connection with the issuance, offer for sale, or sale of a service contract in this state, including but not limited to a person who provides marketing, administrative, or technical support.
83 Acts, ch 87, §3; 93 Acts, ch 60, §7; 2019 Acts, ch 142, §2, 19