§ 46.2-1517 Changes in form of ownership, make, name
Any change in the form of ownership or the addition or deletion of a partner shall require a new application, license, and fee. Any addition or deletion of a franchise or change in the name of a dealer shall require immediate notification to the Department and the Board, and the Board shall endorse the change on the license without a fee. The change of an officer or director of a corporation shall be made at the time of license renewal.
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 2 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.
1988, c. 865, § 46.1-525.08; 1989, c. 727; 1995, cc. 767, 816.