Virginia § 46.2-2011.8 Transfers of certificates of public convenience and necessity

Virginia Statutes

§ 46.2-2011.8 — Transfers of certificates of public convenience and necessity

Virginia § 46.2-2011.8

JurisdictionVirginia

Title 46.2MOTOR VEHICLES

Subtitle VMOTOR CARRIERS

Ch. 20REGULATION OF PASSENGER CARRIERS

Art. 1MOTOR CARRIERS OF PASSENGERS -- GENERALLY

This text of Virginia § 46.2-2011.8 (Transfers of certificates of public convenience and necessity) is published on Counsel Stack Legal Research, covering Virginia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Va. Code Ann. § 46.2-2011.8 (2026).

Text

Any certificate of public convenience and necessity issued under this chapter may be transferred, subject to the approval of the Department, and under such reasonable rules and regulations as may be prescribed by the Department. An application for such approval shall be made jointly by the transferor and transferee. The transfer of a certificate of public convenience and necessity can only be made upon a satisfactory showing that such purchaser or transferee can and will comply with the applicable motor carrier or broker laws, rules and regulations of the Department, is fit, willing and able to properly perform the services, and all taxes due the Commonwealth have been paid, or payment guaranteed.

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Any certificate of public convenience and necessity issued under this chapter may be transferred, subject to the approval of the Department, and under such reasonable rules and regulations as may be prescribed by the Department. An application for such approval shall be made jointly by the transferor and transferee. The transfer of a certificate of public convenience and necessity can only be made upon a satisfactory showing that such purchaser or transferee can and will comply with the applicable motor carrier or broker laws, rules and regulations of the Department, is fit, willing and able to properly perform the services, and all taxes due the Commonwealth have been paid, or payment guaranteed.