Virginia Code 54.1-4304: Bona fide purchaser
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Nothing in this chapter shall affect bona fide purchaser status as to title to new merchandise otherwise applicable to an itinerant merchant.
Terms Used In Virginia Code 54.1-4304
- Itinerant merchant: means a merchant who transports an inventory of new merchandise to a building, vacant lot, or other location and who, at that location, displays, sells or offers to sell the new merchandise to the public. See Virginia Code 54.1-4300
- New merchandise: means goods or products which are not used but are in a similar condition as the goods or products wholesaled by manufacturers or suppliers to established retail stores for first-time purchase by consumers. See Virginia Code 54.1-4300
1999, c. 701.