58.1-2270 - Failure to keep or retain records; civil penalty. - Virginia Statutes

§ 58.1-2270. Failure to keep or retain records; civil penalty.

Any person who fails to keep or retain records as required by this chaptershall be subject to a civil penalty. The amount of the civil penalty assessedagainst a person for his first violation shall be $1,000. The amount of thecivil penalty assessed against a person for each subsequent violation shallbe $1,000 more than the amount of the civil penalty for the precedingviolation.

(2000, cc. 729, 758.)