46.2-644 - Levy of execution. - Virginia Statutes

§ 46.2-644. Levy of execution.

A levy made by virtue of an execution, fieri facias, or other court order, ona motor vehicle, trailer, or semitrailer for which a certificate of title hasbeen issued by the Department, shall constitute a lien, subsequent tosecurity interests previously recorded by the Department and subsequent tosecurity interests in inventory held for sale and perfected as otherwisepermitted by law, when the officer making the levy reports to the Departmenton forms provided by the Department, that the levy has been made and that themotor vehicle, trailer, or semitrailer levied on has been seized by him. Ifthe lien is thereafter satisfied or should the motor vehicle, trailer, orsemitrailer thus levied on and seized thereafter be released by the officer,he shall immediately report that fact to the Department. Any owner who,after the levy and seizure by an officer and before the officer reports thelevy and seizure to the Department, shall fraudulently assign or transfer histitle to or interest in a motor vehicle, trailer, or semitrailer or cause itscertificate of title to be assigned or transferred or cause a securityinterest to be shown on its certificate of title shall be guilty of a Class 1misdemeanor.

(Code 1950, § 46-77; 1958, c. 541, § 46.1-77; 1966, c. 558; 1972, c. 408;1989, c. 727.)