Board Committees and Their Function
Five statutorily mandated committees act as an extension of the Board: Advertising, Licensing, Franchise Review and Advisory, Transaction Recovery Fund and Dealer Practices. The Board also has a Finance Committee. The functions of each of these committees are listed below:
The Advertising Committee
- Advises the Board and the Board staff on matters relating to motor vehicle dealer advertising. The committee is to receive and identify advertising issues. The committee will discuss, and as needed, direct a study or investigate issues in order to make policy and procedural recommendations to the Board.
- Reviews staff reports on advertising complaints and violations. Present a summary report to the Board.
- Directs the advertising staff on how they monitor and identify advertising violations and consumer complaints concerning advertising.
The Franchise Review and Advisory Committee
- Advises the DMV Commissioner, through the Board, of any violations of Article 7 (Franchises) of the Motor Vehicle Dealer Act. (See § 46.2-1573.C.)
- Assists the Commissioner in assembling panels, comprised of three Board members, as described in § 46.2-1573.D.8.
The Licensing Committee
- Advises the Board and the Board staff on matters relating to the licensing of dealers, dealer-operators and salespersons. The committee is to receive and identify dealer-licensing issues. The committee will discuss, and as needed, direct a study or investigate issues in order to make policy and procedural recommendations to the Board.
- Reviews and makes recommendations to the Board on individual licensing actions proposed by the Executive Director and which are required to come before the Board.
The Transaction Recovery Fund Committee
- Monitors the activities and solvency of the MVTRF and report findings to the Board.
- Reviews staff reports and recommendations concerning actions against the Fund. Makes a recommendation to the Board on claims against the Fund.
The Dealer Practices Committee
- Advises the Board and the Board staff on issues related to the conduct of business. The committee will receive and identify dealer practice issues. The committee will discuss, and as needed, direct a study or investigate issues in order to make policy and procedural recommendations to the Board.
The Finance Committee
- Monitors the income and expenses of the Board and to recommend adjustments to income and expenses in order to ensure the financial solvency of the Board.
- The committee will direct the preparation of a financial report to be distributed to Board members periodically. Presents a summary report to the Board at Board meetings.
The Personnel Committee
- To advise the Executive Director in procuring needed staff, equipment, and other requirements necessary to ensure the internal Board office has the personnel and materials needed to meet Board objectives.
- To advise the Executive Director in personnel matters as needed.