6.2-1414 - (Effective October 1, 2010) Annual fees. - Virginia Statutes

§ 6.2-1414. (Effective October 1, 2010) Annual fees.

Each association shall pay an annual fee calculated in accordance with aschedule set by the Commission. The schedule shall bear a reasonablerelationship to the total assets of the individual associations, the actualcosts of the associations' examination and other factors relating to theirsupervision and regulation. All such fees shall be assessed on or before July1 for each calendar year and be paid by the associations to the StateTreasurer on or before the July 31 following such assessment.

(1993, c. 419, § 6.1-237.4; 2010, c. 794.)