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2009 SESSION

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093590204
SENATE BILL NO. 1415 AMENDMENT IN THE NATURE OF A SUBSTITUTE (Proposed by the Senate Committee on Transportation on January 22, 2009) (Patron Prior to Substitute--Senator Blevins) A BILL to amend the Code of Virginia by adding a section numbered 46.2-633.1, relating to sale in Virginia of vehicle repossessed in another state.

Be it enacted by the General Assembly of Virginia:

1. That the Code of Virginia is amended by adding a section numbered 46.2-633.1 as follows:

§ 46.2-633.1. Sale in Virginia of vehicle repossessed in another state.

Any motor vehicle dealer who purchases a vehicle titled in another state and was repossessed may sell that vehicle in Virginia without obtaining a Virginia title for the vehicle from Virginia or the state in which the vehicle is titled, provided the motor vehicle dealer has an affidavit of repossession or similar document showing the lawful repossession, which affidavit or document would be sufficient to allow the sale of the repossessed vehicle in the state where it is titled without titling the vehicle in the name of the seller.