13.1-1061 - Annual registration fees to be assessed and collected by Commission; application of payment. - Virginia Statutes

§ 13.1-1061. Annual registration fees to be assessed and collected byCommission; application of payment.

The Commission shall assess and collect the annual registration fees imposedby this chapter. When the Commission receives payment of a registration feeassessed against a domestic or foreign limited liability company, suchpayment shall be applied against any unpaid registration fees previouslyassessed against such limited liability company, including any penaltiesincurred thereon, beginning with the assessment that has remained unpaid forthe longest period of time.

(1991, c. 168.)