IA SF492

Licensed vehicle recyclers must verify through the state records system that no lienholder has a security interest in a vehicle before acquiring it for scrap or junk without a certificate of title

The verification requirement applies to vehicles 12 model years or older acquired for less than $1,000 from owners who lack a certificate of title or junking certificate

Vehicle recyclers are exempt from the lienholder verification requirement when acquiring vehicles from scrap metal dealers

Violations constitute a simple misdemeanor punishable by a scheduled fine of $135