Code of Virginia - Title 58.1 Taxation - Section 58.1-1407 Retention of documents

§ 58.1-1407. Retention of documents

Any person who sells a watercraft in this Commonwealth shall retain a copy of the invoice required by § 58.1-1403 for three years following such sale. Any person taxed as a dealer under § 58.1-1402 shall retain a copy of all invoices for lease, charter or other usage of watercraft for three years following such transaction. Each invoice shall give an accurate description of the watercraft sold, leased or used.

(Code 1950, § 58-685.48; 1981, c. 405; 1984, c. 675.)

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Last modified: April 16, 2009