Section 98-30 TAX COLLECTED HELD IN TRUST.

A motor vehicle dealer who, pursuant to Virginia Code Section 58.1-3734, 1950, as amended, separately states the amount of tax applicable to each sale of a motor vehicle and adds such tax to the sales price of the motor vehicle, shall be deemed to have collected such tax on behalf of the Town and such tax shall be held in trust for the Town. Any tax collected by the motor vehicle dealer in excess of the tax due shall be returned to the purchaser of the motor vehicle or if not returned forthwith, remitted to the Town. The failure of such merchant to recover the tax from the purchaser shall not relieve such merchant from the obligation to pay the tax to the Town.