Article 3.1 Motor Vehicle Transaction Recovery Fund

This article is comprised of the following sections:
  • §46.2-1527.1 Motor Vehicle Transaction Recovery Fund established
  • §46.2-1527.2 Bonding requirements for applicants for an original license
  • §46.2-1527.3 Recovery from Fund, generally
  • §46.2-1527.4 Opportunity to intervene
  • §46.2-1527.5 Limitations on recovery from Fund
  • §46.2-1527.6 Assignment of claimant’s rights to the Board; payment of claims
  • §46.2-1527.7 Revocation of license or certificate of registration on payment from the Fund
  • §46.2-1527.8 No waiver by the Board of disciplinary action against licensee or registrant