58.1-1105 - Suppliers of pulpwood, veneer logs, mine props and railroad crossties. - Virginia Statutes

§ 58.1-1105. Suppliers of pulpwood, veneer logs, mine props and railroadcrossties.

Suppliers of pulpwood, veneer logs, mine props and railroad crossties whofurnish the same to manufacturers, mine operators and railway companies shallbe subject to the intangible personal property tax under § 58.1-1100 andshall not be subject to license taxation as merchants, commission merchantsor brokers. The word "suppliers" as used in this section means any person,firm or corporation who or which procures such pulpwood, veneer logs, mineprops or railroad crossties for such users on a commission basis whether thecommission is measured by a percentage of value or of volume.

(Code 1950, § 58-417; 1982, c. 633; 1984, c. 675.)