What is the time frame for appointing a new dealer-operator if the current one is incapacitated?

The time frame for appointing a new dealer-operator when the current one is incapacitated is established to ensure that dealerships remain compliant with state regulations and can operate without significant disruption. Appointing a new dealer-operator within 120 days allows sufficient time to assess the situation, secure the necessary qualifications, and ensure a smooth transition of responsibilities while adhering to the requirements set forth by the Virginia Motor Vehicle Dealer Board.

Having a 120-day period strikes a balance between the urgency of the situation and the need for due diligence in selecting a qualified candidate. This time frame reflects the importance of maintaining standards in the dealership's management and operation, ensuring that the business can continue to serve customers effectively while remaining compliant with state laws.