HB1768: Certificate of title; vehicle used as a taxicab.


VIRGINIA ACTS OF ASSEMBLY -- CHAPTER
An Act to amend and reenact § 46.2-624 of the Code of Virginia, relating to certificate of title; vehicle used as a taxicab.
[H 1768]
Approved

 

Be it enacted by the General Assembly of Virginia:

1. That § 46.2-624 of the Code of Virginia is amended and reenacted as follows:

§ 46.2-624. Information required on vehicles damaged by water.

A. Unless there is attached to the certificate of title of the vehicle a statement signed by the owner to the effect that the vehicle has been used as a taxicab, it shall be unlawful for any person knowingly to sell, transfer, or otherwise dispose of any motor vehicle that has been used as a taxicab.

B. Violation of subsection A shall constitute a Class 1 misdemeanor.

C. When a vehicle has been damaged by water to such an extent that the insurance company insuring it has paid a claim of $3,500 or more because of this water damage, the insurance company shall report the payment of such claim to the Department.

D. On receipt of a certificate of title to which the information required in subsection A is attached or upon B. Upon receipt of information from an insurance company pursuant to subsection C A, the Commissioner shall, on issuing issue a new certificate of title, and place an appropriate indicator upon such certificate in order to convey that information to the new owner of the motor vehicle.

HOUSE BILL NO. 1768

Offered January 9, 2019
Prefiled December 25, 2018
A BILL to amend and reenact § 46.2-624 of the Code of Virginia, relating to certificate of title; vehicle used as a taxicab.
Patron-- Yancey

Committee Referral Pending

Be it enacted by the General Assembly of Virginia:

1. That § 46.2-624 of the Code of Virginia is amended and reenacted as follows:

§ 46.2-624. Information required on vehicles damaged by water.

A. Unless there is attached to the certificate of title of the vehicle a statement signed by the owner to the effect that the vehicle has been used as a taxicab, it shall be unlawful for any person knowingly to sell, transfer, or otherwise dispose of any motor vehicle that has been used as a taxicab.

B. Violation of subsection A shall constitute a Class 1 misdemeanor.

C. When a vehicle has been damaged by water to such an extent that the insurance company insuring it has paid a claim of $3,500 or more because of this water damage, the insurance company shall report the payment of such claim to the Department.

D. On receipt of a certificate of title to which the information required in subsection A is attached or upon B. Upon receipt of information from an insurance company pursuant to subsection C A, the Commissioner shall, on issuing issue a new certificate of title, and place an appropriate indicator upon such certificate in order to convey that information to the new owner of the motor vehicle.