§ 46.2-1544 Certificate of title for dealers; penalty
Except as otherwise provided in this chapter, every dealer shall obtain, on the purchase of each vehicle, a certificate of title issued to the dealer or shall obtain an assignment or reassignment of a certificate of title for each vehicle purchased, except that a certificate of title shall not be required for any new vehicle to be sold as such. Any person found guilty of violating any of the provisions of this section is guilty of a Class 1 misdemeanor.
The provisions of this section shall also apply to watercraft trailers and watercraft trailer dealers.
History
This law was first created in 1988. The record of its establishment is cataloged in chapter 865 of that year’s edition of “Acts of Assembly,” the annual state publication listing all changes made to the Code of Virginia in that year. Unfortunately, the 1988 “Acts” aren’t available online. It has been modified 3 times. Those modifications are cataloged by “The Acts of Assembly,” a state publication, by year and chapter. Those modifications that can be read on the General Assembly’s website will be linked accordingly. Those modifications are as follows: in 1989, chapter 727; in 1995, chapters 767 and 816; in 2015, chapter 615.
1988, c. 865, § 46.1-550.5:2; 1989, c. 727; 1995, cc. 767, 816; 2015, c. 615.