Virginia's Title 46.2 establishes the powers and duties of the Motor Vehicles Board, including creating committees such as Advertising, Licensing, and Dealer Practices, and outlining their responsibilities. The Board also reports biennially to the Governor and General Assembly, summarizing fiscal, activity, and complaint data. These provisions ensure organized oversight and transparency within the state's motor vehicle industry.
The committees oversee various aspects of the motor vehicle industry, including advertising, licensing, dealer practices, franchise review, and the Transaction Recovery Fund, to ensure proper regulation and oversight.
Each committee must include at least one Board member, and committees related to advertising, dealer practices, and the Transaction Recovery Fund must include at least one citizen member who is not licensed or certified by the Board.
The Board submits a biennial report to the Governor and General Assembly on or before November 1 of each even-numbered year.
The report includes a summary of fiscal affairs, activities, statistical data on administrative hearings and decisions, and a summary of complaints received and their resolution procedures.