Code of Virginia - Title 46.2 Motor Vehicles - Section 46.2-1978 Discontinuation of distributors

§ 46.2-1978. Discontinuation of distributors

If the contract between a distributor and a manufacturer or importer is terminated or otherwise discontinued, all franchises granted to T&M vehicle dealers in Virginia by that distributor shall continue in full force and shall not be affected by the discontinuance, except that the manufacturer, factory branch, distributor, representative, or other person who undertakes to distribute T&M vehicles of the same line-make or the same T&M vehicles of a re-named line-make shall be substituted for the discontinued distributor under the existing T&M vehicle dealer franchises and those franchises shall be modified accordingly.

(1995, cc. 767, 816.)

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Last modified: April 3, 2009