There is a newer version
of
this Section
2017 Code of Virginia
Title 13.1 - Corporations
Chapter 14 - Virginia Business Trust Act
§ 13.1-1254. Penalty for failure to timely pay annual registration fees or file statement of change
Universal Citation: VA Code § 13.1-1254 (2017)
A. Any domestic or any foreign business trust that fails to pay the annual registration fee into the state treasury within the time prescribed in § 13.1-1252 shall incur a penalty of $25, which shall be added to the amount of the annual registration fee due. The penalty prescribed herein shall be in addition to any other penalty or liability imposed by law.
B. The Commission shall mail to each domestic and foreign business trust that fails to pay its annual registration fee within the time prescribed in § 13.1-1252 a notice of assessment of the penalty imposed herein and of the impending cancellation of its existence or certificate of registration, as the case may be.
2002, c. 621; 2003, c. 373; 2004, cc. 274, 601; 2008, c. 101.
Disclaimer: These codes may not be the most recent version. Virginia may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
