SEARCH SITE
VIRGINIA LAW PORTAL
- Code of Virginia
- Virginia Administrative Code
- Constitution of Virginia
- Charters
- Authorities
- Compacts
- Uncodified Acts
- RIS Users (account required)
SEARCHABLE DATABASES
- Bills & Resolutions
session legislation - Bill Summaries
session summaries - Reports to the General Assembly
House and Senate documents - Legislative Liaisons
State agency contacts
ACROSS SESSIONS
- Subject Index: Since 1995
- Bills & Resolutions: Since 1994
- Summaries: Since 1994
Developed and maintained by the Division of Legislative Automated Systems.
2013 SESSION
Be it enacted by the General Assembly of Virginia:
1. That § 46.2-1203 of the Code of Virginia is amended and reenacted as follows:
§ 46.2-1203. Sale of vehicle at public auction; disposition of proceeds.
If an abandoned motor vehicle is not reclaimed as provided for
in § 46.2-1202, the locality or its authorized agent shall, notwithstanding the
provisions of § 46.2-617, sell it at public auction. For the purposes of
this article, the term "public auction," when conducted by any
county, city, or town, shall include an Internet sale by auction. The
purchaser of the motor vehicle shall take title to the motor vehicle free of
all liens and claims of ownership of others, shall receive a sales receipt
at the auction from the sale, and shall be entitled to apply to and
receive from the Department a certificate of title and registration card for
the vehicle. The sales receipt from the sale shall be sufficient title only for
purposes of transferring the vehicle to a demolisher for demolition, wrecking,
or dismantling, and in that case no further titling of the vehicle shall be
necessary; however, such demolisher shall provide the Department acceptable
documentation indicating that the vehicle has been demolished. From the
proceeds of the sale of an abandoned motor vehicle the locality or its
authorized agent shall reimburse itself for the expenses of the auction, the
cost of towing, preserving, and storing the vehicle which resulted from placing
the abandoned motor vehicle in custody, and all notice and publication costs
incurred pursuant to § 46.2-1202. Any remainder from the proceeds of a sale
shall be held for the owner of the abandoned motor vehicle or any person having
security interests in the vehicle, as their interests may appear, for 90
60 days, and then be deposited into the treasury of the locality in
which the abandoned motor vehicle was abandoned.