{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2026\/code-json\/46.2-1545.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2026\/code-text\/46.2-1545.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2026\/code-xml\/46.2-1545.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2026\/code-html\/46.2-1545.html"}],"law_id":365048,"edition_id":2,"section_id":365048,"structure_id":52092,"section_number":"46.2-1545","catch_line":"Termination of business","history":"1988, c. 865, \u00a7 46.1-550.5:3; 1989, c. 727; 1995, cc. 767, 816; 2015, c. 615.","full_text":"No dealer, unless his license has been suspended, revoked, or canceled, shall cease business without a 30-day prior notification to the Department and the Board. On cessation of the business, the dealer shall immediately surrender to the Board the dealer’s certificate of license, all salespersons’ licenses, and any other materials furnished by the Board. The dealer shall also immediately surrender to the Department all dealer and temporary license plates, all fees and taxes collected, and any other materials furnished by the Department. After cessation of business, the former licensee shall continue to maintain and make available to the Department and the Board dealer records as set forth in this chapter.\n\nThe provisions of this section shall also apply to watercraft trailers and watercraft trailer dealers.\n\n","order_by":null,"text":{"0":{"id":1360084,"text":"No dealer, unless his license has been suspended, revoked, or canceled, shall cease business without a 30-day prior notification to the Department and the Board. On cessation of the business, the dealer shall immediately surrender to the Board the dealer’s certificate of license, all salespersons’ licenses, and any other materials furnished by the Board. The dealer shall also immediately surrender to the Department all dealer and temporary license plates, all fees and taxes collected, and any other materials furnished by the Department. After cessation of business, the former licensee shall continue to maintain and make available to the Department and the Board dealer records as set forth in this chapter.","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1,"next_prefix":""},"1":{"id":1360085,"text":"The provisions of this section shall also apply to watercraft trailers and watercraft trailer dealers.","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1,"prior_prefix":""}},"ancestry":[{"id":52092,"edition_id":2,"name":"Conduct of Business","identifier":"4","label":"article","depth":4,"order_by":4,"parent_id":52086,"metadata":{"child_laws":25,"child_structures":0},"date_created":"2026-08-02 02:53:22","date_modified":"2026-08-02 12:34:19","permalink":{"id":1458279,"object_type":"structure","relational_id":52092,"identifier":"4","token":"46.2\/IV\/15\/4","url":"\/46.2\/IV\/15\/4\/","edition_id":2,"permalink":0,"preferred":1}},{"id":52086,"edition_id":2,"name":"Motor Vehicle Dealers","identifier":"15","label":"chapter","depth":3,"order_by":1,"parent_id":52085,"metadata":{"child_laws":170,"child_structures":16},"date_created":"2026-08-02 02:53:16","date_modified":"2026-08-02 12:34:18","permalink":{"id":1458069,"object_type":"structure","relational_id":52086,"identifier":"15","token":"46.2\/IV\/15","url":"\/46.2\/IV\/15\/","edition_id":2,"permalink":0,"preferred":1}},{"id":52085,"edition_id":2,"name":"Dealers and Driver Training Schools","identifier":"IV","label":"subtitle","depth":2,"order_by":4,"parent_id":52048,"metadata":{"child_laws":212,"child_structures":25},"date_created":"2026-08-02 02:53:16","date_modified":"2026-08-02 12:34:18","permalink":{"id":1458067,"object_type":"structure","relational_id":52085,"identifier":"IV","token":"46.2\/IV","url":"\/46.2\/IV\/","edition_id":2,"permalink":0,"preferred":1}},{"id":52048,"edition_id":2,"name":"Motor Vehicles","identifier":"46.2","label":"title","depth":1,"order_by":101,"parent_id":null,"metadata":{"child_laws":1830,"child_structures":157},"date_created":"2026-08-02 02:52:29","date_modified":"2026-08-02 12:34:02","permalink":{"id":1452291,"object_type":"structure","relational_id":52048,"identifier":"46.2","token":"46.2","url":"\/46.2\/","edition_id":2,"permalink":0,"preferred":1}}],"structure_contents":[{"id":365022,"structure_id":52092,"section_number":"46.2-1528","catch_line":"Examination or audit of licensee; costs","url":"\/46.2-1528\/","token":"46.2\/IV\/15\/4\/46.2-1528","metadata":false},{"id":365024,"structure_id":52092,"section_number":"46.2-1529","catch_line":"Dealer records","url":"\/46.2-1529\/","token":"46.2\/IV\/15\/4\/46.2-1529","metadata":false},{"id":365023,"structure_id":52092,"section_number":"46.2-1529.1","catch_line":"Sales of used motor vehicles by dealers; disclosures; penalty","url":"\/46.2-1529.1\/","token":"46.2\/IV\/15\/4\/46.2-1529.1","metadata":false},{"id":365027,"structure_id":52092,"section_number":"46.2-1530","catch_line":"Buyer's order","url":"\/46.2-1530\/","token":"46.2\/IV\/15\/4\/46.2-1530","metadata":false},{"id":365025,"structure_id":52092,"section_number":"46.2-1530.1","catch_line":"Purchaser's on-line systems filing fee; collection and remittance","url":"\/46.2-1530.1\/","token":"46.2\/IV\/15\/4\/46.2-1530.1","metadata":false},{"id":365026,"structure_id":52092,"section_number":"46.2-1530.2","catch_line":"Dealer's manual transaction fee; use in special fund","url":"\/46.2-1530.2\/","token":"46.2\/IV\/15\/4\/46.2-1530.2","metadata":false},{"id":365028,"structure_id":52092,"section_number":"46.2-1531","catch_line":"Consignment vehicles; contract","url":"\/46.2-1531\/","token":"46.2\/IV\/15\/4\/46.2-1531","metadata":false},{"id":365031,"structure_id":52092,"section_number":"46.2-1532","catch_line":"Odometer disclosure; penalty","url":"\/46.2-1532\/","token":"46.2\/IV\/15\/4\/46.2-1532","metadata":false},{"id":365029,"structure_id":52092,"section_number":"46.2-1532.1","catch_line":"Certain disclosures required by manufacturers and distributors","url":"\/46.2-1532.1\/","token":"46.2\/IV\/15\/4\/46.2-1532.1","metadata":false},{"id":365030,"structure_id":52092,"section_number":"46.2-1532.2","catch_line":"Certain disclosures required by motor vehicle manufacturers; motor vehicle recording devices","url":"\/46.2-1532.2\/","token":"46.2\/IV\/15\/4\/46.2-1532.2","metadata":false},{"id":365033,"structure_id":52092,"section_number":"46.2-1533","catch_line":"Business hours","url":"\/46.2-1533\/","token":"46.2\/IV\/15\/4\/46.2-1533","metadata":false},{"id":365032,"structure_id":52092,"section_number":"46.2-1533.1","catch_line":"Test driving vehicle; residence districts","url":"\/46.2-1533.1\/","token":"46.2\/IV\/15\/4\/46.2-1533.1","metadata":false},{"id":365034,"structure_id":52092,"section_number":"46.2-1534","catch_line":"Signs","url":"\/46.2-1534\/","token":"46.2\/IV\/15\/4\/46.2-1534","metadata":false},{"id":365035,"structure_id":52092,"section_number":"46.2-1535","catch_line":"Advertisements","url":"\/46.2-1535\/","token":"46.2\/IV\/15\/4\/46.2-1535","metadata":false},{"id":365036,"structure_id":52092,"section_number":"46.2-1536","catch_line":"Coercing purchaser to provide insurance coverage on motor vehicle; penalty","url":"\/46.2-1536\/","token":"46.2\/IV\/15\/4\/46.2-1536","metadata":false},{"id":365037,"structure_id":52092,"section_number":"46.2-1537","catch_line":"Prohibited solicitation and compensation","url":"\/46.2-1537\/","token":"46.2\/IV\/15\/4\/46.2-1537","metadata":false},{"id":365038,"structure_id":52092,"section_number":"46.2-1538","catch_line":"Salesman selling for other than his employer prohibited","url":"\/46.2-1538\/","token":"46.2\/IV\/15\/4\/46.2-1538","metadata":false},{"id":365040,"structure_id":52092,"section_number":"46.2-1539","catch_line":"Inspection of vehicles required; penalty","url":"\/46.2-1539\/","token":"46.2\/IV\/15\/4\/46.2-1539","metadata":{"court_decisions":""}},{"id":365039,"structure_id":52092,"section_number":"46.2-1539.1","catch_line":"Safety inspections or disclosure required before sale of certain trailers; penalty","url":"\/46.2-1539.1\/","token":"46.2\/IV\/15\/4\/46.2-1539.1","metadata":false},{"id":365041,"structure_id":52092,"section_number":"46.2-1540","catch_line":"Inspections prior to sale not required of certain sellers","url":"\/46.2-1540\/","token":"46.2\/IV\/15\/4\/46.2-1540","metadata":false},{"id":365042,"structure_id":52092,"section_number":"46.2-1541","catch_line":"Repealed","url":"\/46.2-1541\/","token":"46.2\/IV\/15\/4\/46.2-1541","metadata":false},{"id":365043,"structure_id":52092,"section_number":"46.2-1542","catch_line":"Temporary registration","url":"\/46.2-1542\/","token":"46.2\/IV\/15\/4\/46.2-1542","metadata":false},{"id":365044,"structure_id":52092,"section_number":"46.2-1543","catch_line":"Use of old license plates and registration number on another vehicle","url":"\/46.2-1543\/","token":"46.2\/IV\/15\/4\/46.2-1543","metadata":false},{"id":365045,"structure_id":52092,"section_number":"46.2-1544","catch_line":"Certificate of title for dealers; penalty","url":"\/46.2-1544\/","token":"46.2\/IV\/15\/4\/46.2-1544","metadata":false},{"id":365048,"structure_id":52092,"section_number":"46.2-1545","catch_line":"Termination of business","url":"\/46.2-1545\/","token":"46.2\/IV\/15\/4\/46.2-1545","metadata":false}],"previous_section":{"id":365045,"structure_id":52092,"section_number":"46.2-1544","catch_line":"Certificate of title for dealers; penalty","url":"\/46.2-1544\/","token":"46.2\/IV\/15\/4\/46.2-1544","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/46.2-1545\/","history_text":"

This law was first created in 1988. The record of its establishment is cataloged in chapter 865 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 1988 \u201cActs\u201d aren\u2019t available online. It has been modified 3 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 1989, chapter 727; in 1995, chapters 767<\/a> and 816<\/a>; in 2015, chapter 615<\/a>.<\/p>","references":false,"refers_to":false,"permalink":{"id":1458377,"object_type":"law","relational_id":365048,"identifier":"46.2-1545","token":"46.2\/IV\/15\/4\/46.2-1545","url":"\/46.2-1545\/","edition_id":2,"permalink":0,"preferred":1},"url":"\/46.2-1545\/","token":"46.2\/IV\/15\/4\/46.2-1545","dublin_core":{"Title":"Termination of business","Type":"Text","Format":"text\/html","Identifier":"\u00a7 46.2-1545","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

No dealer<\/span>, unless his license has been suspended, revoked, or canceled, shall cease business without a 30-day prior notification to the Department<\/span> and the Board<\/span>. On cessation of the business, the dealer<\/span> shall immediately surrender to the Board<\/span> the dealer<\/span>’s certificate of license, all salespersons<\/span>’ licenses, and any other materials<\/span> furnished by the Board<\/span>. The dealer<\/span> shall also immediately surrender to the Department<\/span> all dealer<\/span> and temporary license plates<\/span>, all fees and taxes collected, and any other materials<\/span> furnished by the Department<\/span>. After cessation of business, the former licensee shall continue to maintain and make available to the Department<\/span> and the Board<\/span> dealer<\/span> records as set forth in this chapter.<\/p>

The provisions of this section shall also apply to watercraft trailers<\/span> and watercraft trailer dealers<\/span>.<\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nTERMINATION OF BUSINESS (\u00a7 46.2-1545)\n\nNo dealer, unless his license has been suspended, revoked, or canceled, shall\ncease business without a 30-day prior notification to the Department and the\nBoard. On cessation of the business, the dealer shall immediately surrender to\nthe Board the dealer’s certificate of license, all salespersons’\nlicenses, and any other materials furnished by the Board. The dealer shall also\nimmediately surrender to the Department all dealer and temporary license plates,\nall fees and taxes collected, and any other materials furnished by the\nDepartment. After cessation of business, the former licensee shall continue to\nmaintain and make available to the Department and the Board dealer records as\nset forth in this chapter.\n\nThe provisions of this section shall also apply to watercraft trailers and\nwatercraft trailer dealers.\n\nHISTORY: 1988, c. 865, \u00a7 46.1-550.5:3; 1989, c. 727; 1995, cc. 767, 816; 2015,\nc. 615.","edition":{"id":2,"name":"2026","slug":"2026","date_created":"2026-07-16 18:40:23","date_modified":"2026-08-02 15:14:36","current":1,"order_by":2,"last_import":"2026-08-02 12:37:30"}}