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1996 SESSION

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967263747
SENATE BILL NO. 430 Offered January 22, 1996 A BILL to amend and reenact § 46.2-1508 of the Code of Virginia, relating to motor vehicle dealers. ---------- Patron-- Quayle ---------- Referred to the Committee on Transportation ----------

Be it enacted by the General Assembly of Virginia:

1. That § 46.2-1508 of the Code of Virginia is amended and reenacted as follows:

§ 46.2-1508. Licenses required.

It shall be unlawful for any person to engage in business in the Commonwealth as a motor vehicle dealer or salesperson without first obtaining a license as provided in this chapter. It shall be unlawful for any person to engage in business in the Commonwealth as a manufacturer, factory branch, distributor, distributor branch, or factory or distributor representative without first obtaining a license as provided in Chapter 19 (§ 46.2-1900 et seq.) of this title. Any person licensed in another state as a motor vehicle dealer may sell motor vehicles at wholesale auctions in the Commonwealth after having obtained a certificate of dealer registration as provided in Chapter 19 of this title. The offering or granting of a motor vehicle dealer franchise in the Commonwealth shall constitute engaging in business in the Commonwealth for purposes of this section, and no new motor vehicle may be sold or offered for sale in the Commonwealth unless the franchisor of motor vehicle dealer franchises for that line-make in the Commonwealth, whether such franchisor is a manufacturer, factory branch, distributor, distributor branch, or otherwise, is licensed under Chapter 19 of this title. In the event a license issued under Chapter 19 to a franchisor of motor vehicle dealer franchises is suspended, revoked, or not renewed, nothing in this section shall prevent the sale of any new motor vehicle of such franchisor's line-make manufactured in or brought into the Commonwealth for sale prior to the suspension, revocation or expiration of the license.

Any motor vehicle dealer or motor vehicle salesperson licensed under this chapter to buy, sell, and exchange used motor vehicles may also lawfully buy, sell, and exchange used motorcycles, used motor homes, and used trailers, notwithstanding any contrary provision of this chapter or Chapter 19 (§ 19.2-1900 et seq.), without obtaining any additional license.