Administering the Laws and Regulations to the Motor Vehicle Dealers of the Commonwealth of Virginia

Codes and Regulations

Motor Vehicle Laws – A comprehensive list of Codes and Regulations for the Dealer Community and Consumers.

01

Your comprehensive list of Codes and Regulations

Below you will find primary categories for the numerous codes and regulations you will need to be aware of as a license dealer or consumer. These categories include Advertising, Conduct of Business, Dealers and Dealer Plates, Hearings, Licensing and the Transaction Recovery Fund. 

Simply click on the tab category to view a list of codes and regulations.

Publications, Reports and Information

Guidance Memorandums

General Information Items

Email Compliance Form for VA Motor Vehicle Dealers : July 2013
Effective July 1, 2013 the law (§46.2-1510.4) mandates that all Virginia Motor Vehicle Dealers be required to have an Internet connection and email address at their established place of business during business hours. The purpose of this legislation is to increase efficiencies, and facilitate better communication.

Salesperson Resolution :January 2003
MVDB Approved Resolution stating that all salespersons must be employees and be issued an IRS form W-2.

Salespersons Must Be Employees : March 2008

“… (i) any person who is hired as an employee by a motor vehicle dealer to sell or exchange motor vehicles and who receives or expects to receive a commission, fee, or any other consideration from the dealer…

IRS Publications 1779

How and when a licensed salesperson can use dealer tags is a function of their employment status with your dealership.

Guidelines for Maintaining Records and Storing Records Off-Site 

$10 Salesperson Transaction Recovery Fund Fee No Longer Required

Internet Task Force Policy
Virginia Motor Vehicle Dealer Board Internet Task Force Report.

FTC Red Flag Rule

National Auto Fraud and Theft Prevention System Goes Live

National Motor Vehicle Title Information System (NMVTIS)

Dealer Manual

Internet Access Report : December 2011

Transaction Recovery Fund Report : October 2011