2006 Code of Virginia § 13.1-815.1 - Charter and entrance fees for corporations

13.1-815.1. Charter and entrance fees for corporations.

A. Every domestic corporation, upon the granting of its charter, shall pay a$50 fee into the state treasury, and every foreign corporation withoutcapital stock shall pay $50 into the state treasury for its certificate ofauthority to conduct its affairs in this Commonwealth.

B. For any foreign corporation that files articles of domestication and thathad authority to transact business in this Commonwealth at the time of suchfiling, the charter fee to be charged upon domestication shall be an amountequal to the difference between the amount that would be required by thissection and the amount already paid as an entrance fee by such corporation.If no charter or entrance fee has been heretofore paid to this Commonwealth,the amount to be paid shall be the same as would have to be paid on originalincorporation or application for authority to transact business.

(1988, c. 405; 2003, c. 374.)