                                 CODE OF VIRGINIA

CHANGES IN FORM OF OWNERSHIP, MAKE, NAME (§ 46.2-1517)

Any change in the form of ownership or the addition or deletion of a partner
shall require a new application, license, and fee.

Any addition or deletion of a franchise or change in the name of a dealer shall
require immediate notification to the Department and the Board, and the Board
shall endorse the change on the license without a fee. The change of an officer
or director of a corporation shall be made at the time of license renewal.

HISTORY: 1988, c. 865, § 46.1-525.08; 1989, c. 727; 1995, cc. 767, 816.