Virginia Code 46.2-631.1: (Effective pursuant to Acts 2024, c. 418, cl. 2) Electronic sales by dealers; titling.
A licensed motor vehicle dealer that participates in an online program as set forth in subsection C of § 46.2-216.1 may choose to sell a motor vehicle electronically by obtaining a title in the dealer’s name for resale. The dealer shall disclose the odometer reading to the purchaser using a secure power of attorney prescribed by 49 C.F.R. part 580 and in a form approved by the Department. The dealer shall provide all documentation or information required by the Department to process the dealer’s application for a title in the dealer’s name for resale, including a manufacturer’s certificate of origin or certificate of ownership and any information required by the Department in accordance with § 46.2-623. The dealer shall submit such documentation or information in a form prescribed by the Department within 30 days of the dealer’s application for the title in the dealer’s name for resale. Failure to timely submit such documentation or information may result in the dealer’s suspension from the online program set forth in subsection C of § 46.2-216.1.
Terms Used In Virginia Code 46.2-631.1
- Power of attorney: A written instrument which authorizes one person to act as another's agent or attorney. The power of attorney may be for a definite, specific act, or it may be general in nature. The terms of the written power of attorney may specify when it will expire. If not, the power of attorney usually expires when the person granting it dies. Source: OCC
- Process: includes subpoenas, the summons and complaint in a civil action, and process in statutory actions. See Virginia Code 1-237
- suspension: means that the document or privilege suspended has been temporarily withdrawn, but may be reinstated following the period of suspension unless it has expired prior to the end of the period of suspension. See Virginia Code 46.2-100
- Vehicle: means every device in, on or by which any person or property is or may be transported or drawn on a highway, except personal delivery devices and devices moved by human power or used exclusively on stationary rails or tracks. See Virginia Code 46.2-100
2024, c. 418.