Code of Virginia - Title 46.2 Motor Vehicles - Section 46.2-1937 Coercing purchaser to provide insurance coverage on T&M vehicle

§ 46.2-1937. Coercing purchaser to provide insurance coverage on T&M vehicle

It shall be unlawful for any dealer or salesperson or any employee of a dealer or representative of either to coerce or offer anything of value to any purchaser of a T&M vehicle to provide any type of insurance coverage on the T&M vehicle.

Nothing in this section shall prohibit a dealer from requiring that a retail customer obtain automobile physical damage insurance to protect collateral secured by an installment sales contract. Any person found guilty of violating any provisions of this section shall be guilty of a Class 1 misdemeanor.

(1995, cc. 767, 816.)

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Last modified: April 3, 2009