§ 321.71

321.71 Odometer requirements. 49 C.F.R. §580.17 . The new certificate of title shall record on its face the odometer reading and the word 'actual' if the true mileage is known. If the odometer reading is not the true mileage or the true mileage is unknown, the words 'not actual' shall be recorded. If the odometer reading is greater than the odometer can mechanically count, the words 'exceeds the mechanical limits' shall be recorded. However, a certificate of title may be issued for a motor vehicle to a person who moves into this state if the person acquired ownership of the motor vehicle prior to moving to this state. 8. Any person who knowingly makes or delivers a false odometer statement as required by subsection 7 shall be guilty of a violation of this section. 9. Unless an exemption applies under 49 C.F.R. §580.17 or unless a certificate of title has been issued for the vehicle in the name of the dealer, an Iowa licensed motor vehicle dealer shall not have in possession as inventory for sale a used motor vehicle acquired by the dealer for which the dealer does not possess an odometer statement by the transferor which is in compliance with federal law and regulations.

s inventory for sale a used motor vehicle acquired by the dealer for which the dealer does not possess an odometer statement by the transferor which is in compliance with federal law and regulations. Transfer of a new motor vehicle with an ownership document which is a manufacturer’s statement of origin requires an odometer statement only when transferred at retail. 10. A transferee of a motor vehicle reassigning the certificate of title to such motor vehicle pursuant to the provisions of section 321.48, subsection 1, shall not be guilty of a violation of this section if such transferee has in the transferee’s possession an odometer statement by the transferor which is in compliance with federal law and regulations and if the transferee has no knowledge that the statement is false and that the transferee has no knowledge that the odometer does not reflect the true mileage of such motor vehicle. 11. The department may adopt rules to administer this section, which rules shall be in compliance with the federal Truth in Mileage Act of 1986, Pub. L. No. 99-579, and 49 C.F.R. pt. 580 . 12. Any person who violates this section commits a fraudulent practice.

, which rules shall be in compliance with the federal Truth in Mileage Act of 1986, Pub. L. No. 99-579, and 49 C.F.R. pt. 580 . 12. Any person who violates this section commits a fraudulent practice. [C73, 75, 77, 79, 81, §321.71] 84 Acts, ch 1243, §2, 3; 84 Acts, ch 1305, §58; 90 Acts, ch 1131, §1, 2; 98 Acts, ch 1100, §43; 2020 Acts, ch 1006, §1, 2 Referred to in §307.37, 321.47, 321.50, 321.69, 321.477, 322.4 Fraudulent practices, see §714.8 – 714.14