Motor Vehicle Transaction Recovery Fund
This is Article 3.1 of the Code of Virginia, titled “Motor Vehicle Transaction Recovery Fund.” It is part of Title 46.2, titled “Motor Vehicles.” It is part of Subtitle IV, titled “Dealers And Driver Training Schools.” It is part of Chapter 15, titled “Motor Vehicle Dealers.” It’s comprised of the following 8 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