Change or Loss of Dealer-Operator

There may be times when a dealer-operator leaves due to circumstances such as:

  • Retirement
  • Health reasons or disability
  • Death
  • Any other reason which may cause the dealer-operator to no longer be responsible for the day-to-day operations of the dealership

If this is the situation, it is the Dealer’s responsibility (§46.2-1513) to notify the Board immediately by fax or mail.  This notification must be signed by the dealer and dealer-operator and must explain the reasons for the change or loss in the dealer-operator.  In addition, an updated MVDB-10 must be submitted indicating the new dealer-operator.

The new Dealer-Operator must have a salesperson license and dealer-operator qualification.

As always, a good time to ensure dealer-operator information is accurate, including the primary contact phone number, is during the Dealership renewal period.