Virginia law requires motor carriers, TNC brokers, and excursion train operators to notify the Department within 30 days if they cease operations or abandon their licenses. Additionally, the Department can seek judgments for refunds owed to the public when carriers fail to return excess collections after rate or tariff disputes. These provisions ensure accountability and proper distribution of funds in the transportation industry.
Motor carriers must notify the Virginia Department of Motor Vehicles within 30 days of ceasing operations or abandoning their license, certificate, or permit.
The Department can seek a judgment against the carrier for the amount collected in excess, enforce it, and distribute the funds to the entitled parties.
The Department can pursue legal action if carriers fail to refund amounts within the prescribed time after a final decision, and then distribute the collected funds accordingly.
The Virginia Department of Motor Vehicles enforces judgments for refunds and distributes the funds to the rightful parties.