Each rebuilder shall have in his possession a certificate of title assigned to him for each vehicle in his inventory for resale. If a rebuilder purchases a salvage vehicle to be used or sold for parts only, he shall conspicuously indicate on the salvage certificate that the vehicle will be sold or used as parts only and immediately forward the salvage certificate to the Department for cancellation. The Department shall issue a nonrepairable certificate for that vehicle.

History

1979, c. 401, § 46.1-550.9; 1989, c. 727; 1992, c. 148.