Iowa HF357 regulates vehicle recyclers' acquisition of older vehicles without a title or junking certificate.

Iowa HF357 amends the law to allow owners of vehicles twelve model years old or older to dispose of them to licensed vehicle recyclers for scrap or junk without a certificate of title or junking certificate, provided the vehicle is acquired for less than $1,000. The recycler must verify no lienholder has a security interest in the vehicle. Violation of this provision is a simple misdemeanor with a $135 fine.

Iowa HF357 regulates vehicle recyclers' acquisition of older vehicles without a title or junking certificate.

Iowa HF357 amends the law to allow owners of vehicles twelve model years old or older to dispose of them to licensed vehicle recyclers for scrap or junk without a certificate of title or junking certificate, provided the vehicle is acquired for less than $1,000. The recycler must verify no lienholder has a security interest in the vehicle. Violation of this provision is a simple misdemeanor with a $135 fine.