59.1-92.20 - Fees to cover expense of regulation. - Virginia Statutes

§ 59.1-92.20. Fees to cover expense of regulation.

The fees paid into the state treasury under this chapter, except for fees andfunds collected for the Literary Fund, shall be deposited into a special fundand specifically accounted for and used by the Commission to defray the costsof supervising, implementing, and administering the provisions of thischapter, Chapters 5 (§ 13.1-501 et seq.) and 8 (§ 13.1-557 et seq.) of Title13.1, and Chapter 7 (§ 59.1-93 et seq.) of this title. Included in theCommission's costs shall be a reasonable margin in the nature of a reservefund. All excesses of fees collected exceeding these costs shall revert tothe general fund.

(1998, c. 819.)