Iowa Admin. Code r. 701—250.11(321) — Shell businesses

250.11(1) The 90-day temporary period of operation under Iowa Code section 321.55(2) does not apply to a vehicle owned by a shell business. 250.11(2) Factors that indicate a business is a shell business include but are not limited to a lack of specific business activity or purpose and failure to maintain a physical location in the state in which the business is registered. 250.11(3) If the department determines that the nonresident owner of the vehicle is a shell business, it is presumed that: a. The Iowa resident in control of the vehicle is the actual owner of the vehicle; b. The vehicle is subject to Iowa registration; and c. The payment of the fee for new registration is owed by the Iowa resident.