2006 Code of Virginia § 46.2-1546 - Registration of dealers; fees

46.2-1546. Registration of dealers; fees.

Every manufacturer, distributor, or dealer, before he commences to operatevehicles in his inventory for sale or resale, shall apply to the Commissionerfor a dealer's certificate of vehicle registration and license plates. Forthe purposes of this article, a vehicle is in inventory when it is owned byor assigned to a dealer and is offered and available for sale or resale. Alldealer's certificates of vehicle registration and license plates issued underthis section may, at the discretion of the Commissioner, be placed in asystem of staggered issue to distribute the work of issuing vehicleregistration certificates and license plates as uniformly as practicablethroughout the year. Dealerships which sold fewer than twenty-five vehiclesduring the last twelve months of the preceding license year shall be eligibleto receive no more than two dealer's license plates; dealerships which soldat least twenty-five but fewer than fifty vehicles during the last twelvemonths of the preceding license year shall be eligible to receive no morethan four dealer's license plates. However, dealerships which sold fifty ormore vehicles during their current license year may apply for additionallicense plates not to exceed four times the number of licensed salespersonsemployed by that dealership. Dealerships which sold fifty or more vehiclesduring the last twelve months of the preceding license year shall be eligibleto receive a number of dealer's license plates not to exceed four times thenumber of licensed salespersons employed by that dealership. A new applicantfor a dealership shall be eligible to receive a number of dealer's licenseplates not to exceed four times the number of licensed salespersons employedby that dealership. For the purposes of this article, a salesperson oremployee shall be considered to be employed only if he (i) works for thedealership at least twenty-five hours each week on a regular basis and (ii)is compensated for this work. All salespersons' or employees' employmentrecords shall be retained in accordance with the provisions of 46.2-1529. Asalesperson shall not be considered employed, within the meaning of thissection, if he is an independent contractor as defined by the United StatesInternal Revenue Code. The fee for the issuance of dealer's license platesshall be determined by the Board, but not more than $30 per license plate;however, the fee for the first two dealer's plates shall not be less thantwenty-four dollars and the fee for additional dealer's license plates shallnot be less than ten dollars and forty cents each. For the first two dealer'slicense plates issued by the Department to a dealer, twenty-four dollarsshall be deposited into the Transportation Trust Fund and the remainder shallbe deposited into the Motor Vehicle Dealer Fund. For each additional dealer'slicense plate issued to a dealer, ten dollars and forty cents shall bedeposited into the Transportation Trust Fund and the remainder shall bedeposited into the Motor Vehicle Dealer Fund.

(1988, c. 865, 46.1-550.5:4; 1989, c. 727; 1990, c. 197; 1991, c. 712;1995, cc. 767, 816.)