Code of Virginia - Title 46.2 Motor Vehicles - Section 46.2-1992.15 Changes in form of ownership, line-make, name

§ 46.2-1992.15. Changes in form of ownership, line-make, name

Any change in the form of ownership or the addition or deletion of a partner shall require a new application, license, and fee.

Any addition or deletion of a franchise or change in the name of a dealer shall require immediate notification to the Department, and the Commissioner shall endorse the change on the license without a fee. The change of an officer or director of a corporation shall be made at the time of license renewal.

(1996, cc. 1043, 1052.)

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Last modified: April 3, 2009