24 Va. Admin. Code § 5-20-70
Persons engaged in commercial operations may obtain commercial single aircraft licenses or a commercial fleet license covering all aircraft owned by any such dealer or commercial carrier.
Noncommercial dealer aircraft licenses shall be issued to dealers for demonstration flights only. This license shall not be valid while the aircraft is being used for personal use, rental, charter or for any purpose from which revenue is derived.
Commercial single, commercial fleet or noncommercial dealer aircraft licenses will be issued in lieu of regular licensing for each aircraft and may be obtained from the department upon application therefore upon a form prescribed by the department and the payment of the fees required by this chapter. Such license shall expire one year from the date of the issuance of such license. Upon the issuance of such license, the department shall issue to such licensee decals of distinguishing color which shall be displayed by such licensee as required by 24VAC5-20-50.
Commercial fleet and noncommercial dealers shall submit to the department a report every three months, or quarterly, on forms provided by the department, listing all aircraft owned, leased, sold or purchased, or for sale by such operator during the previous three-month period.
All corporate applicants applying for commercial licenses shall be Virginia corporations or duly authorized to transact business in Virginia.
Such dealer decals may be used on aircraft owned by such dealer when operated in this state by such dealer or his authorized representatives for demonstration for sale.
Commercial air carriers licensed under a commercial fleet aircraft license and providing regular scheduled air service shall be exempt from displaying licensing decals.
Any aircraft sold to or used by the United States or any of the governmental agencies thereof, the Commonwealth of Virginia or any political subdivision thereof, shall be exempt from such commercial license requirements.
Any aircraft operated by any air carrier operating under 14 CFR Part 119, 121, 129 or 135, providing scheduled passenger service, shall be exempt from such commercial license requirements.
24 Va. Admin. Code § 5-20-70
Statutory Authority
§§ 5.1-2.2 and 5.1-2.15 of the Code of Virginia.