Code of Virginia - Title 46.2 Motor Vehicles - Section 46.2-1993.38 Termination of business

§ 46.2-1993.38. 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. On cessation of the business, the dealer shall immediately surrender to the Department the dealer's certificate of license, all salespersons' licenses, 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 dealer records as set forth in this chapter.

(1996, cc. 1043, 1052.)

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Last modified: April 3, 2009