58.1-1407 - Retention of documents. - Virginia Statutes

§ 58.1-1407. Retention of documents.

Any person who sells a watercraft in this Commonwealth shall retain a copy ofthe invoice required by § 58.1-1403 for three years following such sale. Anyperson taxed as a dealer under § 58.1-1402 shall retain a copy of allinvoices for lease, charter or other usage of watercraft for three yearsfollowing such transaction. Each invoice shall give an accurate descriptionof the watercraft sold, leased or used.

(Code 1950, § 58-685.48; 1981, c. 405; 1984, c. 675.)