Iowa Code § 322.21

Remaining balance on trade vehicle
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The extension of credit by a retail seller to a retail buyer, pursuant to a retail installment contract, of the amount actually paid or to be paid by the retail seller to discharge a purchase-money security interest, as provided in section 554.9103, on a motor vehicle traded inby the retail buyer shall not subject the retail seller to the provisions ofchapter 536 or 536A.

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