2006 Code of Virginia § 3.1-1046 - Interest on assessment; collection of delinquent assessment

3.1-1046. Interest on assessment; collection of delinquent assessment.

The assessment imposed under the provisions of this chapter and unpaid on thedate on which such assessment was due and payable shall bear interest at therate of one per centum per month from and after such due date until paid. Ifany person defaults in any payment of the assessment or interest thereon, theamount shall be collected by a civil action in the name of the Commonwealthand the person adjudged in default shall pay the costs of such action. TheAttorney General at the request of the Virginia State Tax Commissioner shallinstitute such action in the proper court for the collection of the amount ofany assessment past due under this chapter including interest thereon.

(1980, c. 395.)