{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/46.2-602.2.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/46.2-602.2.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/46.2-602.2.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/46.2-602.2.html"}],"law_id":75086,"edition_id":1,"section_id":75086,"structure_id":12880,"section_number":"46.2-602.2","catch_line":"Titling and registration of company vehicles of automotive manufacturers","history":"2008, cc. 304, 753; 2015, c. 615.","full_text":"For the purpose of this section:\n\t\t&#8220;Automotive manufacturer&#8221; means the entire worldwide affiliated group as defined in \u00a7 58.1-3700.1, as of July 31, 2007, if at least one member of the worldwide affiliated group is an automotive manufacturer, as classified under the 2007 North American Industry Classification System Codes 3361, 3362, and 3363 in effect as of December 31, 2007.\n\t\t&#8220;Company vehicles&#8221; means the following vehicles owned or operated by an automotive manufacturer having its headquarters in Virginia:\n\n1\n\nVehicles used for sales or service training, advertising, public relations, quality control, and emissions or other testing and\/or evaluation purposes;2\n\nVehicles used for headquarters-related purposes, including but not necessarily limited to use by visiting executives or employees;3\n\nVehicles provided for use by eligible headquarters employees or their eligible family members in compliance with established corporate policies as may from time to time be in effect, but not more than four vehicles may be leased for the benefit of any eligible headquarters employee at any one time; and4\n\nAll other vehicles deemed by the automotive manufacturer to serve a headquarters function, but excluding any vehicles provided for use by eligible headquarters employees or their eligible family members in compliance with established corporate policies.\n\t\t\t&#8220;Family members&#8221; means the spouse of an employee, and the children and parents of an employee or an employee&#8217;s spouse.\n\t\t\t&#8220;Headquarters&#8221; means a facility at which company employees are physically employed and at which the majority of the company&#8217;s financial, personnel, legal, or planning functions are handled either on a regional or national basis.\n\t\t\tEach automotive manufacturer having its headquarters in the Commonwealth shall be issued a motor vehicle dealer license or equivalent permit by the Commissioner. Such license or permit shall authorize the automotive manufacturer to dispose of company vehicles using a manufacturer&#8217;s certificate of origin, but if disposed of within the Commonwealth of Virginia, such vehicles may only be transferred to a new motor vehicle dealer holding a franchise for the automotive manufacturer&#8217;s line-make, provided each vehicle is transferred with a designation indicating that it is not a new motor vehicle as defined in &#xA7; 46.2-1500. The automotive manufacturer and its affiliates may sell used motor vehicles directly to its lessees.\n\t\t\tAn automotive manufacturer having its headquarters in the Commonwealth may obtain a title for any company vehicle, but issuance of any such title shall be exempt from all fees except for the fee for issuance of a certificate of title as provided in &#xA7; 46.2-627.\n\t\t\tAll company vehicles used as provided in this section may be driven using license plates issued and affixed as provided in Article 5 (&#xA7; 46.2-1545.1 et seq.) of Chapter 15. All such vehicles shall be classified as merchants&#8217; capital and subject to merchants&#8217; capital tax pursuant to Article 3 (&#xA7; 58.1-3509 et seq.) of Chapter 35 of Title 58.1.","order_by":null,"text":{"0":{"id":269694,"text":"For the purpose of this section:\n\t\t&#8220;Automotive manufacturer&#8221; means the entire worldwide affiliated group as defined in \u00a7 58.1-3700.1, as of July 31, 2007, if at least one member of the worldwide affiliated group is an automotive manufacturer, as classified under the 2007 North American Industry Classification System Codes 3361, 3362, and 3363 in effect as of December 31, 2007.\n\t\t&#8220;Company vehicles&#8221; means the following vehicles owned or operated by an automotive manufacturer having its headquarters in Virginia:","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1,"next_prefix":"1"},"1":{"id":269695,"text":"Vehicles used for sales or service training, advertising, public relations, quality control, and emissions or other testing and\/or evaluation purposes;","type":"section","prefixes":["1"],"prefix":"1","entire_prefix":"1","prefix_anchor":"1","level":1,"prior_prefix":"","next_prefix":"2"},"2":{"id":269696,"text":"Vehicles used for headquarters-related purposes, including but not necessarily limited to use by visiting executives or employees;","type":"section","prefixes":["2"],"prefix":"2","entire_prefix":"2","prefix_anchor":"2","level":1,"prior_prefix":"1","next_prefix":"3"},"3":{"id":269697,"text":"Vehicles provided for use by eligible headquarters employees or their eligible family members in compliance with established corporate policies as may from time to time be in effect, but not more than four vehicles may be leased for the benefit of any eligible headquarters employee at any one time; and","type":"section","prefixes":["3"],"prefix":"3","entire_prefix":"3","prefix_anchor":"3","level":1,"prior_prefix":"2","next_prefix":"4"},"4":{"id":269698,"text":"All other vehicles deemed by the automotive manufacturer to serve a headquarters function, but excluding any vehicles provided for use by eligible headquarters employees or their eligible family members in compliance with established corporate policies.\n\t\t\t&#8220;Family members&#8221; means the spouse of an employee, and the children and parents of an employee or an employee&#8217;s spouse.\n\t\t\t&#8220;Headquarters&#8221; means a facility at which company employees are physically employed and at which the majority of the company&#8217;s financial, personnel, legal, or planning functions are handled either on a regional or national basis.\n\t\t\tEach automotive manufacturer having its headquarters in the Commonwealth shall be issued a motor vehicle dealer license or equivalent permit by the Commissioner. Such license or permit shall authorize the automotive manufacturer to dispose of company vehicles using a manufacturer&#8217;s certificate of origin, but if disposed of within the Commonwealth of Virginia, such vehicles may only be transferred to a new motor vehicle dealer holding a franchise for the automotive manufacturer&#8217;s line-make, provided each vehicle is transferred with a designation indicating that it is not a new motor vehicle as defined in &#xA7; 46.2-1500. The automotive manufacturer and its affiliates may sell used motor vehicles directly to its lessees.\n\t\t\tAn automotive manufacturer having its headquarters in the Commonwealth may obtain a title for any company vehicle, but issuance of any such title shall be exempt from all fees except for the fee for issuance of a certificate of title as provided in &#xA7; 46.2-627.\n\t\t\tAll company vehicles used as provided in this section may be driven using license plates issued and affixed as provided in Article 5 (&#xA7; 46.2-1545.1 et seq.) of Chapter 15. All such vehicles shall be classified as merchants&#8217; capital and subject to merchants&#8217; capital tax pursuant to Article 3 (&#xA7; 58.1-3509 et seq.) of Chapter 35 of Title 58.1.","type":"section","prefixes":["4"],"prefix":"4","entire_prefix":"4","prefix_anchor":"4","level":1,"prior_prefix":"3"}},"ancestry":[{"id":12880,"edition_id":1,"name":"Titling and Registration, Generally","identifier":"1","label":"article","depth":4,"order_by":1,"parent_id":12879,"metadata":{},"date_created":"2026-06-26 03:43:58","date_modified":"2026-06-26 03:43:58","permalink":{"id":226925,"object_type":"structure","relational_id":12880,"identifier":"1","token":"46.2\/II\/6\/1","url":"\/46.2\/II\/6\/1\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12879,"edition_id":1,"name":"Titling and Registration of Motor Vehicles","identifier":"6","label":"chapter","depth":3,"order_by":1,"parent_id":12771,"metadata":{},"date_created":"2026-06-26 03:43:58","date_modified":"2026-06-26 03:43:58","permalink":{"id":226923,"object_type":"structure","relational_id":12879,"identifier":"6","token":"46.2\/II\/6","url":"\/46.2\/II\/6\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12771,"edition_id":1,"name":"Titling, Registration and Licensure","identifier":"II","label":"subtitle","depth":2,"order_by":1,"parent_id":12770,"metadata":{},"date_created":"2026-06-26 03:43:52","date_modified":"2026-06-26 03:43:52","permalink":{"id":225627,"object_type":"structure","relational_id":12771,"identifier":"II","token":"46.2\/II","url":"\/46.2\/II\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12770,"edition_id":1,"name":"Motor Vehicles","identifier":"46.2","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":225289,"object_type":"structure","relational_id":12770,"identifier":"46.2","token":"46.2","url":"\/46.2\/","edition_id":1,"permalink":0,"preferred":1}}],"structure_contents":[{"id":87484,"structure_id":12880,"section_number":"46.2-600","catch_line":"Owner to secure registration and certificate of title or certificate of ownership","url":"\/46.2-600\/","token":"46.2\/II\/6\/1\/46.2-600","metadata":false},{"id":64770,"structure_id":12880,"section_number":"46.2-600.1","catch_line":"Indication of special communication needs","url":"\/46.2-600.1\/","token":"46.2\/II\/6\/1\/46.2-600.1","metadata":false},{"id":75107,"structure_id":12880,"section_number":"46.2-601","catch_line":"Appointment of Commissioner agent for service of process","url":"\/46.2-601\/","token":"46.2\/II\/6\/1\/46.2-601","metadata":false},{"id":69821,"structure_id":12880,"section_number":"46.2-602","catch_line":"Titling and registration of foreign market vehicles","url":"\/46.2-602\/","token":"46.2\/II\/6\/1\/46.2-602","metadata":false},{"id":64808,"structure_id":12880,"section_number":"46.2-602.1","catch_line":"Titling and registration of replica vehicles","url":"\/46.2-602.1\/","token":"46.2\/II\/6\/1\/46.2-602.1","metadata":false},{"id":75086,"structure_id":12880,"section_number":"46.2-602.2","catch_line":"Titling and registration of company vehicles of automotive manufacturers","url":"\/46.2-602.2\/","token":"46.2\/II\/6\/1\/46.2-602.2","metadata":false},{"id":66957,"structure_id":12880,"section_number":"46.2-602.3","catch_line":"Titling and registration of converted electric vehicles","url":"\/46.2-602.3\/","token":"46.2\/II\/6\/1\/46.2-602.3","metadata":false},{"id":58198,"structure_id":12880,"section_number":"46.2-602.4","catch_line":"Titling and registration of off-road motorcycle converted to on-road use","url":"\/46.2-602.4\/","token":"46.2\/II\/6\/1\/46.2-602.4","metadata":false},{"id":84134,"structure_id":12880,"section_number":"46.2-603","catch_line":"Issuance of certificate of title and registration card","url":"\/46.2-603\/","token":"46.2\/II\/6\/1\/46.2-603","metadata":false},{"id":78960,"structure_id":12880,"section_number":"46.2-603.1","catch_line":"Electronic titling and registration program","url":"\/46.2-603.1\/","token":"46.2\/II\/6\/1\/46.2-603.1","metadata":false},{"id":63997,"structure_id":12880,"section_number":"46.2-604","catch_line":"Contents of registration card and certificate; vehicle color data; notation of certain disabled owners","url":"\/46.2-604\/","token":"46.2\/II\/6\/1\/46.2-604","metadata":false},{"id":69241,"structure_id":12880,"section_number":"46.2-605","catch_line":"Altering or forging certificate of title, salvage\/nonrepairable certificate, or registration card; penalty","url":"\/46.2-605\/","token":"46.2\/II\/6\/1\/46.2-605","metadata":false},{"id":60976,"structure_id":12880,"section_number":"46.2-606","catch_line":"Notice of change of address or incorrect address","url":"\/46.2-606\/","token":"46.2\/II\/6\/1\/46.2-606","metadata":false},{"id":55505,"structure_id":12880,"section_number":"46.2-607","catch_line":"Duplicates for lost or mutilated indicia of titling and registration","url":"\/46.2-607\/","token":"46.2\/II\/6\/1\/46.2-607","metadata":false},{"id":72871,"structure_id":12880,"section_number":"46.2-608","catch_line":"When application for registration or certificate of title rejected","url":"\/46.2-608\/","token":"46.2\/II\/6\/1\/46.2-608","metadata":false},{"id":75843,"structure_id":12880,"section_number":"46.2-609","catch_line":"When registration may be suspended or revoked","url":"\/46.2-609\/","token":"46.2\/II\/6\/1\/46.2-609","metadata":false},{"id":78476,"structure_id":12880,"section_number":"46.2-610","catch_line":"Suspension of registration on theft or embezzlement of vehicle; notices","url":"\/46.2-610\/","token":"46.2\/II\/6\/1\/46.2-610","metadata":false},{"id":86199,"structure_id":12880,"section_number":"46.2-611","catch_line":"Appeal","url":"\/46.2-611\/","token":"46.2\/II\/6\/1\/46.2-611","metadata":false},{"id":54007,"structure_id":12880,"section_number":"46.2-612","catch_line":"Failure to surrender revoked certificate of title, registration card, license plates or decals; other offenses relating to registration, licensing, and certificates of title; penalties","url":"\/46.2-612\/","token":"46.2\/II\/6\/1\/46.2-612","metadata":false},{"id":63815,"structure_id":12880,"section_number":"46.2-613","catch_line":"Infractions relating to registration, licensing, and certificates of title; penalties","url":"\/46.2-613\/","token":"46.2\/II\/6\/1\/46.2-613","metadata":false},{"id":55667,"structure_id":12880,"section_number":"46.2-613.1","catch_line":"Civil penalty for violation of license, registration, and tax requirements and vehicle size limitations","url":"\/46.2-613.1\/","token":"46.2\/II\/6\/1\/46.2-613.1","metadata":false},{"id":77208,"structure_id":12880,"section_number":"46.2-613.2","catch_line":"Service of process in civil penalty cases for violation of license, registration, and tax requirements and vehicle size limitations","url":"\/46.2-613.2\/","token":"46.2\/II\/6\/1\/46.2-613.2","metadata":false},{"id":77914,"structure_id":12880,"section_number":"46.2-613.3","catch_line":"Special processing provisions for civil penalties levied for violation of license, registration, and tax requirements and vehicle size limitations","url":"\/46.2-613.3\/","token":"46.2\/II\/6\/1\/46.2-613.3","metadata":false},{"id":77194,"structure_id":12880,"section_number":"46.2-613.4","catch_line":"Special seizure provisions for unpaid fees and penalties","url":"\/46.2-613.4\/","token":"46.2\/II\/6\/1\/46.2-613.4","metadata":false},{"id":67437,"structure_id":12880,"section_number":"46.2-613.5","catch_line":"Procedures for issuing and serving process in civil penalty cases","url":"\/46.2-613.5\/","token":"46.2\/II\/6\/1\/46.2-613.5","metadata":false},{"id":61717,"structure_id":12880,"section_number":"46.2-614","catch_line":"Right to recover damages not affected","url":"\/46.2-614\/","token":"46.2\/II\/6\/1\/46.2-614","metadata":false},{"id":57242,"structure_id":12880,"section_number":"46.2-615","catch_line":"Registration effective after death of owner","url":"\/46.2-615\/","token":"46.2\/II\/6\/1\/46.2-615","metadata":false}],"previous_section":{"id":64808,"structure_id":12880,"section_number":"46.2-602.1","catch_line":"Titling and registration of replica vehicles","url":"\/46.2-602.1\/","token":"46.2\/II\/6\/1\/46.2-602.1","metadata":false},"next_section":{"id":66957,"structure_id":12880,"section_number":"46.2-602.3","catch_line":"Titling and registration of converted electric vehicles","url":"\/46.2-602.3\/","token":"46.2\/II\/6\/1\/46.2-602.3","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/46.2-602.2\/","history_text":"<p>This law was first created in 2008. The record of its establishment is cataloged in chapters <a href=\"https:\/\/legacylis.virginia.gov\/cgi-bin\/legp604.exe?081+ful+CHAP0304\">304<\/a> and <a href=\"https:\/\/legacylis.virginia.gov\/cgi-bin\/legp604.exe?081+ful+CHAP0753\">753<\/a> 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. It has been modified 1 time. 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. That modification is as follows: in 2015, chapter <a href=\"https:\/\/legacylis.virginia.gov\/cgi-bin\/legp604.exe?151+ful+CHAP0615\">615<\/a>.<\/p>","references":[{"id":72295,"section_number":"46.2-1550","catch_line":"Use of dealer's and manufacturer's license plates, generally","order_by":null,"url":"\/46.2-1550\/"},{"id":70726,"section_number":"58.1-2403","catch_line":"Exemptions","order_by":null,"url":"\/58.1-2403\/"}],"refers_to":[{"id":84929,"section_number":"46.2-1500","catch_line":"Definitions","order_by":null,"url":"\/46.2-1500\/"},{"id":60822,"section_number":"46.2-1545.1","catch_line":"Watercraft trailer dealers and watercraft trailers","order_by":null,"url":"\/46.2-1545.1\/"},{"id":85078,"section_number":"46.2-627","catch_line":"Fee for certificate of title; use in special fund","order_by":null,"url":"\/46.2-627\/"},{"id":57594,"section_number":"58.1-3509","catch_line":"Merchants' capital subject to local taxation; rate limit","order_by":null,"url":"\/58.1-3509\/"},{"id":58225,"section_number":"58.1-3700.1","catch_line":"Definitions","order_by":null,"url":"\/58.1-3700.1\/"}],"permalink":{"id":226947,"object_type":"law","relational_id":75086,"identifier":"46.2-602.2","token":"46.2\/II\/6\/1\/46.2-602.2","url":"\/46.2-602.2\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/46.2-602.2\/","token":"46.2\/II\/6\/1\/46.2-602.2","dublin_core":{"Title":"Titling and registration of company vehicles of automotive manufacturers","Type":"Text","Format":"text\/html","Identifier":"\u00a7 46.2-602.2","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t<section><p>For the purpose of this section:\n\t\t&#8220;<span class=\"dictionary\">Automotive manufacturer<\/span>&#8221; means the entire worldwide affiliated group as defined in \u00a7&nbsp;<a class=\"law\" title=\"Definitions\" href=\"\/58.1-3700.1\/\">58.1-3700.1<\/a>, as of July 31, 2007, if at least one member of the worldwide affiliated group is an <span class=\"dictionary\">automotive manufacturer<\/span>, as classified under the 2007 North American Industry Classification System Codes 3361, 3362, and 3363 in effect as of December 31, 2007.\n\t\t&#8220;<span class=\"dictionary\">Company vehicles<\/span>&#8221; means the following vehicles owned or operated by an <span class=\"dictionary\">automotive manufacturer<\/span> having its <span class=\"dictionary\">headquarters<\/span> in Virginia:<\/p><\/section>\n\t\t\t\t\t\t<section id=\"1\"><p><span class=\"prefix-number\">1.<\/span> Vehicles used for sales or service training, advertising, public relations, quality control, and emissions or other testing and\/or evaluation purposes; <a id=\"paragraph-269695\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/46.2-602.2\/#1\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t<section id=\"2\"><p><span class=\"prefix-number\">2.<\/span> Vehicles used for <span class=\"dictionary\">headquarters<\/span>-related purposes, including but not necessarily limited to use by visiting executives or employees; <a id=\"paragraph-269696\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/46.2-602.2\/#2\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t<section id=\"3\"><p><span class=\"prefix-number\">3.<\/span> Vehicles provided for use by eligible <span class=\"dictionary\">headquarters<\/span> employees or their eligible <span class=\"dictionary\">family members<\/span> in compliance with established corporate policies as may from time to time be in effect, but not more than four vehicles may be leased for the benefit of any eligible <span class=\"dictionary\">headquarters<\/span> employee at any one time; and <a id=\"paragraph-269697\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/46.2-602.2\/#3\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t<section id=\"4\"><p><span class=\"prefix-number\">4.<\/span> All other vehicles deemed by the <span class=\"dictionary\">automotive manufacturer<\/span> to serve a <span class=\"dictionary\">headquarters<\/span> function, but excluding any vehicles provided for use by eligible <span class=\"dictionary\">headquarters<\/span> employees or their eligible <span class=\"dictionary\">family members<\/span> in compliance with established corporate policies.\n\t\t\t&#8220;<span class=\"dictionary\">Family members<\/span>&#8221; means the spouse of an employee, and the children and parents of an employee or an employee&#8217;s spouse.\n\t\t\t&#8220;<span class=\"dictionary\">Headquarters<\/span>&#8221; means a facility at which company employees are physically employed and at which the majority of the company&#8217;s financial, personnel, legal, or planning functions are handled either on a regional or national basis.\n\t\t\tEach <span class=\"dictionary\">automotive manufacturer<\/span> having its <span class=\"dictionary\">headquarters<\/span> in the Commonwealth shall be issued a <span class=\"dictionary\">motor vehicle<\/span> dealer license or equivalent permit by the <span class=\"dictionary\">Commissioner<\/span>. Such license or permit shall authorize the <span class=\"dictionary\">automotive manufacturer<\/span> to dispose of <span class=\"dictionary\">company vehicles<\/span> using a manufacturer&#8217;s certificate of origin, but if disposed of within the Commonwealth of Virginia, such vehicles may only be transferred to a new <span class=\"dictionary\">motor vehicle<\/span> dealer holding a franchise for the <span class=\"dictionary\">automotive manufacturer<\/span>&#8217;s line-make, provided each vehicle is transferred with a designation indicating that it is not a new <span class=\"dictionary\">motor vehicle<\/span> as defined in &#xA7; <a class=\"law\" title=\"Definitions\" href=\"\/46.2-1500\/\">46.2-1500<\/a>. The <span class=\"dictionary\">automotive manufacturer<\/span> and its affiliates may sell used <span class=\"dictionary\">motor vehicles<\/span> directly to its lessees.\n\t\t\tAn <span class=\"dictionary\">automotive manufacturer<\/span> having its <span class=\"dictionary\">headquarters<\/span> in the Commonwealth may obtain a title for any company vehicle, but issuance of any such title shall be exempt from all fees except for the fee for issuance of a certificate of title as provided in &#xA7; <a class=\"law\" title=\"Fee for certificate of title; use in special fund\" href=\"\/46.2-627\/\">46.2-627<\/a>.\n\t\t\tAll <span class=\"dictionary\">company vehicles<\/span> used as provided in this section may be driven using <span class=\"dictionary\">license plates<\/span> issued and affixed as provided in Article 5 (&#xA7; <a class=\"law\" title=\"Watercraft trailer dealers and watercraft trailers\" href=\"\/46.2-1545.1\/\">46.2-1545.1<\/a> et seq.) of Chapter 15. All such vehicles shall be classified as merchants&#8217; capital and subject to merchants&#8217; capital tax pursuant to Article 3 (&#xA7; <a class=\"law\" title=\"Merchants&#039; capital subject to local taxation; rate limit\" href=\"\/58.1-3509\/\">58.1-3509<\/a> et seq.) of Chapter 35 of Title 58.1. <a id=\"paragraph-269698\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/46.2-602.2\/#4\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>","plain_text":"                                 CODE OF VIRGINIA\n\nTITLING AND REGISTRATION OF COMPANY VEHICLES OF AUTOMOTIVE MANUFACTURERS (\u00a7\n46.2-602.2)\n\nFor the purpose of this section:\n\t\t&#8220;Automotive manufacturer&#8221; means the entire worldwide affiliated\ngroup as defined in \u00a7 58.1-3700.1, as of July 31, 2007, if at least one member\nof the worldwide affiliated group is an automotive manufacturer, as classified\nunder the 2007 North American Industry Classification System Codes 3361, 3362,\nand 3363 in effect as of December 31, 2007.\n\t\t&#8220;Company vehicles&#8221; means the following vehicles owned or operated\nby an automotive manufacturer having its headquarters in Virginia:\n\n1. Vehicles used for sales or service training, advertising, public relations,\nquality control, and emissions or other testing and\/or evaluation purposes;\n\n2. Vehicles used for headquarters-related purposes, including but not\nnecessarily limited to use by visiting executives or employees;\n\n3. Vehicles provided for use by eligible headquarters employees or their\neligible family members in compliance with established corporate policies as may\nfrom time to time be in effect, but not more than four vehicles may be leased\nfor the benefit of any eligible headquarters employee at any one time; and\n\n4. All other vehicles deemed by the automotive manufacturer to serve a\nheadquarters function, but excluding any vehicles provided for use by eligible\nheadquarters employees or their eligible family members in compliance with\nestablished corporate policies.\n\t\t\t&#8220;Family members&#8221; means the spouse of an employee, and the\nchildren and parents of an employee or an employee&#8217;s spouse.\n\t\t\t&#8220;Headquarters&#8221; means a facility at which company employees are\nphysically employed and at which the majority of the company&#8217;s financial,\npersonnel, legal, or planning functions are handled either on a regional or\nnational basis.\n\t\t\tEach automotive manufacturer having its headquarters in the Commonwealth\nshall be issued a motor vehicle dealer license or equivalent permit by the\nCommissioner. Such license or permit shall authorize the automotive manufacturer\nto dispose of company vehicles using a manufacturer&#8217;s certificate of\norigin, but if disposed of within the Commonwealth of Virginia, such vehicles\nmay only be transferred to a new motor vehicle dealer holding a franchise for\nthe automotive manufacturer&#8217;s line-make, provided each vehicle is\ntransferred with a designation indicating that it is not a new motor vehicle as\ndefined in &#xA7; 46.2-1500. The automotive manufacturer and its affiliates may\nsell used motor vehicles directly to its lessees.\n\t\t\tAn automotive manufacturer having its headquarters in the Commonwealth may\nobtain a title for any company vehicle, but issuance of any such title shall be\nexempt from all fees except for the fee for issuance of a certificate of title\nas provided in &#xA7; 46.2-627.\n\t\t\tAll company vehicles used as provided in this section may be driven using\nlicense plates issued and affixed as provided in Article 5 (&#xA7; 46.2-1545.1\net seq.) of Chapter 15. All such vehicles shall be classified as\nmerchants&#8217; capital and subject to merchants&#8217; capital tax pursuant to\nArticle 3 (&#xA7; 58.1-3509 et seq.) of Chapter 35 of Title 58.1.\n\nHISTORY: 2008, cc. 304, 753; 2015, c. 615.","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}}