58.1-2814 - Collection of unpaid bills for registration fees and franchise taxes by local treasurers. - Virginia Statutes

§ 58.1-2814. Collection of unpaid bills for registration fees and franchisetaxes by local treasurers.

The Comptroller may deliver a copy of any past-due bill for a registrationfee or franchise tax, plus penalties and interest, to the treasurer of anycounty or city in which the corporation may have any property belonging to itand such copy of such bill shall have the force and effect of an execution infavor of the Commonwealth. The treasurer may distrain or levy upon and sellany real or personal property of such corporation and shall pay the amount ofthe bill into the state treasury within ten days after he has collected thesame. The compensation of such treasurer for collecting and paying into thetreasury such bill shall be five percent of the aggregate of the bill, whichcompensation shall be added to the bill by the treasurer, collected by himfrom such corporation and paid into the state treasury and then repaid to thetreasurer on warrant of the Comptroller.

(Code 1950, § 58-464; 1984, c. 675.)