§ 46.2-1545. Termination of business
No dealer, unless his license has been suspended, revoked, or canceled, shall cease business without a thirty-day prior notification to the Department and the Board. On cessation of the business, the dealer shall immediately surrender to the Board the dealer's certificate of license, all salespersons' licenses, and any other materials furnished by the Board. The dealer shall also immediately surrender to the Department all dealer and temporary license plates, all fees and taxes collected, and any other materials furnished by the Department. After cessation of business, the former licensee shall continue to maintain and make available to the Department and the Board dealer records as set forth in this chapter.
(1988, c. 865, § 46.1-550.5:3; 1989, c. 727; 1995, cc. 767, 816.)
Sections: Previous 46.2-1538 46.2-1539 46.2-1540 46.2-1541 46.2-1542 46.2-1543 46.2-1544 46.2-1545 46.2-1546 46.2-1547 46.2-1548 46.2-1549 46.2-1549.1 46.2-1550 46.2-1550.1 NextLast modified: April 3, 2009