This bill allows motor vehicle dealers to charge an administrative fee instead of a documentary fee for services related to vehicle sales.
This bill modifies the fees that motor vehicle dealers can charge customers. It replaces the term "documentary fee" with "administrative fee" and removes the maximum amount that can be charged. The bill also updates the required notice to customers to reflect this change. The maximum fee amount is determined by Iowa Code.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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