46.2-1992.22 - Dealer records. - Virginia Statutes

§ 46.2-1992.22. Dealer records.

All dealer records regarding employees; lists of vehicles in inventory forsale, resale, or on consignment; vehicle purchases, sales, trades, andtransfers of ownership; collections of taxes; titling, uninsured motorvehicle and registration fees; odometer disclosure statements, records ofpermanent dealer registration plates assigned to the dealer and temporarytransport plates and temporary certificates of ownership; and other recordsrequired by the Department shall be maintained on the premises of thelicensed location. The Commissioner may, on written request by a dealer,permit his records to be maintained at a location other than the premises ofthe licensed location for good cause shown. All dealer records shall bepreserved in original form or in film, magnetic, or optical media (includingbut not limited to microfilm, microfiche, or other electronic media) for aperiod of five years in a manner that permits systematic retrieval. Certainrecords may be maintained on a computerized record-keeping system with theprior approval of the Commissioner.

(1996, cc. 1043, 1052; 2000, c. 128.)