2021 Code of Virginia
Title 65.2 - Workers' Compensation
Chapter 10 - Administrative Fund and Tax Therefor
§ 65.2-1008. When fund in excess of requirement

Universal Citation: VA Code § 65.2-1008 (2021)

If it be ascertained that the tax collected exceeds the total chargeable against the maintenance fund under the provisions of this title, the Workers' Compensation Commission shall authorize a corresponding credit upon the collection for any year or make refunds of taxes collected in such amounts as are necessary to maintain a fund balance not exceeding one year's budgeted expenditures.

Code 1950, § 65-128; 1968, c. 660, § 65.1-137; 1976, c. 603; 1991, c. 355.

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