General Assembly: 89 (2021 Regular GA) - Chapter 30 - Wrecked or salvage vehicles


Published: 2021-04-02

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CHAPTER 30 WRECKED OR SALVAGE VEHICLES

S.F. 230

AN ACT relating to wrecked or salvage motor vehicles.

Be It Enacted by the General Assembly of the State of Iowa:

Section 1. Section 321.52, subsection 4, paragraph e, Code 2021, is amended to read as follows: e. For purposes of this subsection, “wrecked or salvage vehicle” means a damaged motor

vehicle subject to registration for which the cost of repair exceeds fifty seventy percent of the fair market value of the vehicle, as determined in accordance with rules adopted by the department, before it the vehicle became damaged.

Sec. 2. Section 321H.2, subsection 12, Code 2021, is amended to read as follows: 12. “Wrecked or salvage vehicle” means a damaged vehicle for which the cost of repair

exceeds fifty seventy percent of the fair market value of the vehicle before it the vehicle became damaged.

Approved April 2, 2021

WedAug 18 21:14:04 2021, v B5|A3 1/ 1