Change or Loss of Dealer-Operator
There may be times when a dealer-operator leaves due to circumstances such as:
- Health reasons or disability
- 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.