13.1-1251 - Annual registration fees to be assessed and collected by Commission; application of payment. - Virginia Statutes

§ 13.1-1251. 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 business trust, such payment shall beapplied against any unpaid registration fees previously assessed against suchbusiness trust, including any penalties incurred thereon, beginning with theassessment that has remained unpaid for the longest period of time.

(2002, c. 621.)