{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/36-85.31.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/36-85.31.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/36-85.31.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/36-85.31.html"}],"law_id":62104,"edition_id":1,"section_id":62104,"structure_id":14218,"section_number":"36-85.31","catch_line":"Recovery fund to be established","history":"1991, c. 555; 1992, c. 223; 2009, cc. 141, 579.","full_text":"A\n\nEach manufactured home manufacturer, dealer, broker and salesperson operating in the Commonwealth of Virginia shall be required to pay an initial assessment fee as set forth in subsection B to the Virginia Manufactured Housing Transaction Recovery Fund. Thereafter, assessment fees shall be assessed as necessary to achieve and maintain a minimum fund balance of $250,000.B\n\nEach applicant approved by the Board for a license as a manufactured home manufacturer, dealer, broker, or salesperson in accordance with the provisions of Article 1 (\u00a7 36-85.16 et seq.) of this chapter shall pay into the fund the following assessment fees:1\n\nFor a manufacturer — $4,000 for each separate manufacturing facility payable in one installment or $4,400 payable at $2,200 per year for two years.2\n\nFor a dealer — $500 per retail location.3\n\nFor a broker — $500 per sales office.4\n\nFor a salesperson — $50 per individual.C\n\nAll assessment fees collected under this article shall be deposited in the state treasury and the State Treasurer shall credit the amount paid into a special revenue fund from which appropriations may be utilized by the Board in accordance with the express purposes set forth in this article. The assets of the fund shall be invested in accordance with the advice of the State Treasurer. Interest earned on deposits constituting this fund shall accrue to the fund or may be used for the purposes of providing educational programs to the consumer about manufactured housing.","order_by":null,"text":{"0":{"id":226601,"text":"Each manufactured home manufacturer, dealer, broker and salesperson operating in the Commonwealth of Virginia shall be required to pay an initial assessment fee as set forth in subsection B to the Virginia Manufactured Housing Transaction Recovery Fund. Thereafter, assessment fees shall be assessed as necessary to achieve and maintain a minimum fund balance of $250,000.","type":"section","prefixes":["A"],"prefix":"A","entire_prefix":"A","prefix_anchor":"A","level":1,"next_prefix":"B"},"1":{"id":226602,"text":"Each applicant approved by the Board for a license as a manufactured home manufacturer, dealer, broker, or salesperson in accordance with the provisions of Article 1 (\u00a7 36-85.16 et seq.) of this chapter shall pay into the fund the following assessment fees:","type":"section","prefixes":["B"],"prefix":"B","entire_prefix":"B","prefix_anchor":"B","level":1,"prior_prefix":"A","next_prefix":"B1"},"2":{"id":226603,"text":"For a manufacturer — $4,000 for each separate manufacturing facility payable in one installment or $4,400 payable at $2,200 per year for two years.","type":"section","prefixes":["B","1"],"prefix":"1","entire_prefix":"B1","prefix_anchor":"B1","level":2,"prior_prefix":"B","next_prefix":"B2"},"3":{"id":226604,"text":"For a dealer — $500 per retail location.","type":"section","prefixes":["B","2"],"prefix":"2","entire_prefix":"B2","prefix_anchor":"B2","level":2,"prior_prefix":"B1","next_prefix":"B3"},"4":{"id":226605,"text":"For a broker — $500 per sales office.","type":"section","prefixes":["B","3"],"prefix":"3","entire_prefix":"B3","prefix_anchor":"B3","level":2,"prior_prefix":"B2","next_prefix":"B4"},"5":{"id":226606,"text":"For a salesperson — $50 per individual.","type":"section","prefixes":["B","4"],"prefix":"4","entire_prefix":"B4","prefix_anchor":"B4","level":2,"prior_prefix":"B3","next_prefix":"C"},"6":{"id":226607,"text":"All assessment fees collected under this article shall be deposited in the state treasury and the State Treasurer shall credit the amount paid into a special revenue fund from which appropriations may be utilized by the Board in accordance with the express purposes set forth in this article. The assets of the fund shall be invested in accordance with the advice of the State Treasurer. Interest earned on deposits constituting this fund shall accrue to the fund or may be used for the purposes of providing educational programs to the consumer about manufactured housing.","type":"section","prefixes":["C"],"prefix":"C","entire_prefix":"C","prefix_anchor":"C","level":1,"prior_prefix":"B4"}},"ancestry":[{"id":14218,"edition_id":1,"name":"Virginia Manufactured Housing Transaction Recovery Fund","identifier":"2","label":"article","depth":3,"order_by":1,"parent_id":13321,"metadata":{},"date_created":"2026-06-26 03:47:19","date_modified":"2026-06-26 03:47:19","permalink":{"id":209149,"object_type":"structure","relational_id":14218,"identifier":"2","token":"36\/4.2\/2","url":"\/36\/4.2\/2\/","edition_id":1,"permalink":0,"preferred":1}},{"id":13321,"edition_id":1,"name":"Manufactured Housing Licensing and Transaction Recovery Fund Law","identifier":"4.2","label":"chapter","depth":2,"order_by":1,"parent_id":12779,"metadata":{},"date_created":"2026-06-26 03:44:38","date_modified":"2026-06-26 03:44:38","permalink":{"id":209081,"object_type":"structure","relational_id":13321,"identifier":"4.2","token":"36\/4.2","url":"\/36\/4.2\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12779,"edition_id":1,"name":"Housing","identifier":"36","label":"title","depth":1,"order_by":1,"parent_id":null,"metadata":{},"date_created":"2026-06-26 03:43:52","date_modified":"2026-06-26 03:43:52","permalink":{"id":208257,"object_type":"structure","relational_id":12779,"identifier":"36","token":"36","url":"\/36\/","edition_id":1,"permalink":0,"preferred":1}}],"structure_contents":[{"id":62104,"structure_id":14218,"section_number":"36-85.31","catch_line":"Recovery fund to be established","url":"\/36-85.31\/","token":"36\/4.2\/2\/36-85.31","metadata":false},{"id":59631,"structure_id":14218,"section_number":"36-85.32","catch_line":"Recovery from fund generally","url":"\/36-85.32\/","token":"36\/4.2\/2\/36-85.32","metadata":false},{"id":83556,"structure_id":14218,"section_number":"36-85.33","catch_line":"Revocation of license upon payment from fund","url":"\/36-85.33\/","token":"36\/4.2\/2\/36-85.33","metadata":false},{"id":55420,"structure_id":14218,"section_number":"36-85.34","catch_line":"Disciplinary action by Board","url":"\/36-85.34\/","token":"36\/4.2\/2\/36-85.34","metadata":false},{"id":59237,"structure_id":14218,"section_number":"36-85.35","catch_line":"Appeals from decision of the Board","url":"\/36-85.35\/","token":"36\/4.2\/2\/36-85.35","metadata":false},{"id":84165,"structure_id":14218,"section_number":"36-85.36","catch_line":"Recovery fund administrative regulations","url":"\/36-85.36\/","token":"36\/4.2\/2\/36-85.36","metadata":false}],"next_section":{"id":59631,"structure_id":14218,"section_number":"36-85.32","catch_line":"Recovery from fund generally","url":"\/36-85.32\/","token":"36\/4.2\/2\/36-85.32","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/36-85.31\/","history_text":"

This law was first created in 1991. The record of its establishment is cataloged in chapter 555 of that year\u2019s edition of \u201cActs of Assembly,\u201d the annual state publication listing all changes made to the Code of Virginia in that year. Unfortunately, the 1991 \u201cActs\u201d aren\u2019t available online. It has been modified 2 times. Those modifications are cataloged by \u201cThe Acts of Assembly,\u201d a state publication, by year and chapter. Those modifications that can be read on the General Assembly\u2019s website will be linked accordingly. Those modifications are as follows: in 1992, chapter 223; in 2009, chapters 141<\/a> and 579<\/a>.<\/p>","references":false,"refers_to":[{"id":86721,"section_number":"36-85.16","catch_line":"Definitions","order_by":null,"url":"\/36-85.16\/"}],"permalink":{"id":209151,"object_type":"law","relational_id":62104,"identifier":"36-85.31","token":"36\/4.2\/2\/36-85.31","url":"\/36-85.31\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/36-85.31\/","token":"36\/4.2\/2\/36-85.31","dublin_core":{"Title":"Recovery fund to be established","Type":"Text","Format":"text\/html","Identifier":"\u00a7 36-85.31","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

A.<\/span> Each manufactured home manufacturer<\/span>, dealer<\/span>, broker<\/span> and salesperson<\/span> operating in the Commonwealth of Virginia shall be required to pay an initial assessment fee as set forth in subsection B to the Virginia Manufactured Housing Transaction Recovery Fund<\/span>. Thereafter, assessment fees shall be assessed as necessary to achieve and maintain a minimum fund balance of $250,000. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

B.<\/span> Each applicant approved by the Board<\/span> for a license as a manufactured home manufacturer<\/span>, dealer<\/span>, broker<\/span>, or salesperson<\/span> in accordance with the provisions of Article 1 (\u00a7 36-85.16<\/a> et seq.) of this chapter shall pay into the fund the following assessment fees: <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

1.<\/span> For a manufacturer — $4,000 for each separate manufacturing facility payable in one installment or $4,400 payable at $2,200 per year for two years. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

2.<\/span> For a dealer<\/span> — $500 per retail location. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

3.<\/span> For a broker<\/span> — $500 per sales<\/span> office. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

4.<\/span> For a salesperson<\/span> — $50 per individual. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

C.<\/span> All assessment fees collected under this article shall be deposited in the state treasury and the State Treasurer shall credit the amount paid into a special revenue fund from which appropriations may be utilized by the Board<\/span> in accordance with the express purposes set forth in this article. The assets<\/span> of the fund shall be invested in accordance with the advice of the State Treasurer. Interest earned on deposits constituting this fund shall accrue to the fund or may be used<\/span> for the purposes of providing educational programs to the consumer about manufactured housing. <\/i><\/a><\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nRECOVERY FUND TO BE ESTABLISHED (\u00a7 36-85.31)\n\nA. Each manufactured home manufacturer, dealer, broker and salesperson operating\nin the Commonwealth of Virginia shall be required to pay an initial assessment\nfee as set forth in subsection B to the Virginia Manufactured Housing\nTransaction Recovery Fund. Thereafter, assessment fees shall be assessed as\nnecessary to achieve and maintain a minimum fund balance of $250,000.\n\nB. Each applicant approved by the Board for a license as a manufactured home\nmanufacturer, dealer, broker, or salesperson in accordance with the provisions\nof Article 1 (\u00a7 36-85.16 et seq.) of this chapter shall pay into the fund the\nfollowing assessment fees:\n\n 1. For a manufacturer — $4,000 for each separate manufacturing facility\n payable in one installment or $4,400 payable at $2,200 per year for two years.\n\n 2. For a dealer — $500 per retail location.\n\n 3. For a broker — $500 per sales office.\n\n 4. For a salesperson — $50 per individual.\n\nC. All assessment fees collected under this article shall be deposited in the\nstate treasury and the State Treasurer shall credit the amount paid into a\nspecial revenue fund from which appropriations may be utilized by the Board in\naccordance with the express purposes set forth in this article. The assets of\nthe fund shall be invested in accordance with the advice of the State Treasurer.\nInterest earned on deposits constituting this fund shall accrue to the fund or\nmay be used for the purposes of providing educational programs to the consumer\nabout manufactured housing.\n\nHISTORY: 1991, c. 555; 1992, c. 223; 2009, cc. 141, 579.","edition":{"id":1,"name":"2025","slug":"2025","date_created":"2026-06-21 22:39:22","date_modified":"2026-06-21 22:39:22","current":1,"order_by":1,"last_import":null}}