{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/12.1-17.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/12.1-17.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/12.1-17.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/12.1-17.html"}],"law_id":87147,"edition_id":1,"section_id":87147,"structure_id":14330,"section_number":"12.1-17","catch_line":"Deposits of funds; means of payment; dishonored payments; receipts for payment","history":"Code 1950, \u00a7\u00a7 12-24, 12-25; 1971, Ex. Sess., c. 157; 1986, c. 15; 1995, c. 238; 2002, c. 719; 2013, c. 21; 2017, c. 486.","full_text":"A\n\nAll funds received by the Commission in the course of its duties shall be paid promptly to the State Treasurer or deposited promptly in banks designated by the State Treasurer to the credit of the State Treasurer.B\n\nThe Commission may accept payment of any amount due by any means acceptable to the Commission, including by check, credit card, debit card, and electronic funds transfer. The Commission may add to any amount due a sum, not to exceed the amount charged to the Commission, for acceptance of any payment by a means that incurs a charge to the Commission, or it may absorb a portion or all of the cost of such charge.C\n\nIf any check or other means of payment is dishonored, declined, refused, reversed, charged back to the Commission, returned to the Commission unpaid, or otherwise rejected for any reason by a financial institution or other third party, the amount of the check or other means of payment shall be charged to the person on whose account it was received and his liability and that of his sureties shall be as if payment had never been made. A penalty of $35 or the amount of any cost incurred by the Commission, whichever is greater, shall be added to such amount. This penalty shall be in addition to any other penalty provided by law, except the penalty imposed by § 58.1-12 shall not apply. Any penalties received by the Commission under this section shall be set aside and paid into the special fund (i) created under § 13.1-775.1, in the case of penalties received by the clerk’s office, or (ii) into which the payment that caused the penalty was to be deposited, in the case of penalties otherwise received by the Commission.D\n\nThe Commission shall issue receipts for all currency received for payments in the course of its duties.","order_by":null,"text":{"0":{"id":312062,"text":"All funds received by the Commission in the course of its duties shall be paid promptly to the State Treasurer or deposited promptly in banks designated by the State Treasurer to the credit of the State Treasurer.","type":"section","prefixes":["A"],"prefix":"A","entire_prefix":"A","prefix_anchor":"A","level":1,"next_prefix":"B"},"1":{"id":312063,"text":"The Commission may accept payment of any amount due by any means acceptable to the Commission, including by check, credit card, debit card, and electronic funds transfer. The Commission may add to any amount due a sum, not to exceed the amount charged to the Commission, for acceptance of any payment by a means that incurs a charge to the Commission, or it may absorb a portion or all of the cost of such charge.","type":"section","prefixes":["B"],"prefix":"B","entire_prefix":"B","prefix_anchor":"B","level":1,"prior_prefix":"A","next_prefix":"C"},"2":{"id":312064,"text":"If any check or other means of payment is dishonored, declined, refused, reversed, charged back to the Commission, returned to the Commission unpaid, or otherwise rejected for any reason by a financial institution or other third party, the amount of the check or other means of payment shall be charged to the person on whose account it was received and his liability and that of his sureties shall be as if payment had never been made. A penalty of $35 or the amount of any cost incurred by the Commission, whichever is greater, shall be added to such amount. This penalty shall be in addition to any other penalty provided by law, except the penalty imposed by § 58.1-12 shall not apply. Any penalties received by the Commission under this section shall be set aside and paid into the special fund (i) created under § 13.1-775.1, in the case of penalties received by the clerk’s office, or (ii) into which the payment that caused the penalty was to be deposited, in the case of penalties otherwise received by the Commission.","type":"section","prefixes":["C"],"prefix":"C","entire_prefix":"C","prefix_anchor":"C","level":1,"prior_prefix":"B","next_prefix":"D"},"3":{"id":312065,"text":"The Commission shall issue receipts for all currency received for payments in the course of its duties.","type":"section","prefixes":["D"],"prefix":"D","entire_prefix":"D","prefix_anchor":"D","level":1,"prior_prefix":"C"}},"ancestry":[{"id":14330,"edition_id":1,"name":"Powers and Duties of the Commission","identifier":"3","label":"chapter","depth":2,"order_by":1,"parent_id":14329,"metadata":{},"date_created":"2026-06-26 03:47:46","date_modified":"2026-06-26 03:47:46","permalink":{"id":147339,"object_type":"structure","relational_id":14330,"identifier":"3","token":"12.1\/3","url":"\/12.1\/3\/","edition_id":1,"permalink":0,"preferred":1}},{"id":14329,"edition_id":1,"name":"State Corporation Commission","identifier":"12.1","label":"title","depth":1,"order_by":1,"parent_id":null,"metadata":{},"date_created":"2026-06-26 03:47:46","date_modified":"2026-06-26 03:47:46","permalink":{"id":147285,"object_type":"structure","relational_id":14329,"identifier":"12.1","token":"12.1","url":"\/12.1\/","edition_id":1,"permalink":0,"preferred":1}}],"structure_contents":[{"id":77048,"structure_id":14330,"section_number":"12.1-12","catch_line":"Powers and duties generally","url":"\/12.1-12\/","token":"12.1\/3\/12.1-12","metadata":false},{"id":82300,"structure_id":14330,"section_number":"12.1-13","catch_line":"Commission to have powers of court of record; rules and regulations; fines","url":"\/12.1-13\/","token":"12.1\/3\/12.1-13","metadata":false},{"id":78450,"structure_id":14330,"section_number":"12.1-14","catch_line":"Commission's power to impose penalties does not relieve from other penalties","url":"\/12.1-14\/","token":"12.1\/3\/12.1-14","metadata":false},{"id":55629,"structure_id":14330,"section_number":"12.1-15","catch_line":"Power to compromise and settle; power to waive penalties and charge off delinquent taxes, etc","url":"\/12.1-15\/","token":"12.1\/3\/12.1-15","metadata":false},{"id":75948,"structure_id":14330,"section_number":"12.1-15.1","catch_line":"Power to employ counsel for and indemnify employees","url":"\/12.1-15.1\/","token":"12.1\/3\/12.1-15.1","metadata":false},{"id":65561,"structure_id":14330,"section_number":"12.1-16","catch_line":"Delegation to employees and agents; Commissioner of Financial Institutions and Commissioner of Insurance","url":"\/12.1-16\/","token":"12.1\/3\/12.1-16","metadata":false},{"id":87147,"structure_id":14330,"section_number":"12.1-17","catch_line":"Deposits of funds; means of payment; dishonored payments; receipts for payment","url":"\/12.1-17\/","token":"12.1\/3\/12.1-17","metadata":false}],"previous_section":{"id":65561,"structure_id":14330,"section_number":"12.1-16","catch_line":"Delegation to employees and agents; Commissioner of Financial Institutions and Commissioner of Insurance","url":"\/12.1-16\/","token":"12.1\/3\/12.1-16","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/12.1-17\/","history_text":"

The record of this law\u2019s original creation isn\u2019t available online. It has been modified 5 times. Those modifications are cataloged by \u201cThe Acts of Assembly,\u201d a state publication, by year and chapter. Those modifications that can be read on the General Assembly\u2019s website will be linked accordingly. Those modifications are as follows: in 1986, chapter 15; in 1995, chapter 238<\/a>; in 2002, chapter 719<\/a>; in 2013, chapter 21<\/a>; in 2017, chapter 486<\/a>.<\/p>","references":false,"refers_to":[{"id":77069,"section_number":"13.1-775.1","catch_line":"Annual registration fees to be paid by domestic and foreign corporations; penalty for failure to pay timely","order_by":null,"url":"\/13.1-775.1\/"},{"id":77678,"section_number":"58.1-12","catch_line":"Payment of tax by bad check","order_by":null,"url":"\/58.1-12\/"}],"permalink":{"id":147365,"object_type":"law","relational_id":87147,"identifier":"12.1-17","token":"12.1\/3\/12.1-17","url":"\/12.1-17\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/12.1-17\/","token":"12.1\/3\/12.1-17","dublin_core":{"Title":"Deposits of funds; means of payment; dishonored payments; receipts for payment","Type":"Text","Format":"text\/html","Identifier":"\u00a7 12.1-17","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

A.<\/span> All funds received by the Commission in the course of its duties shall be paid promptly to the State Treasurer or deposited promptly in banks designated by the State Treasurer to the credit of the State Treasurer. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

B.<\/span> The Commission may accept payment of any amount due by any means acceptable to the Commission, including by check, credit card, debit card, and electronic funds transfer. The Commission may add to any amount due a sum, not to exceed the amount charged to the Commission, for acceptance of any payment by a means that incurs a charge to the Commission, or it may absorb a portion or all of the cost of such charge. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

C.<\/span> If any check or other means of payment is dishonored, declined, refused, reversed, charged back to the Commission, returned to the Commission unpaid, or otherwise rejected for any reason by a financial institution or other third party<\/span>, the amount of the check or other means of payment shall be charged to the person on whose account it was received and his liability and that of his sureties shall be as if payment had never been made. A penalty<\/span> of $35 or the amount of any cost incurred by the Commission, whichever is greater, shall be added to such amount. This penalty<\/span> shall be in addition to any other penalty<\/span> provided by law<\/span>, except the penalty<\/span> imposed by § 58.1-12<\/a> shall not apply. Any penalties received by the Commission under this section shall be set aside and paid into the special fund (i) created under § 13.1-775.1<\/a>, in the case of penalties received by the clerk’s office, or (ii) into which the payment that caused the penalty<\/span> was to be deposited, in the case of penalties otherwise received by the Commission. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

D.<\/span> The Commission shall issue<\/span> receipts for all currency received for payments in the course of its duties. <\/i><\/a><\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nDEPOSITS OF FUNDS; MEANS OF PAYMENT; DISHONORED PAYMENTS; RECEIPTS FOR PAYMENT\n(\u00a7 12.1-17)\n\nA. All funds received by the Commission in the course of its duties shall be\npaid promptly to the State Treasurer or deposited promptly in banks designated\nby the State Treasurer to the credit of the State Treasurer.\n\nB. The Commission may accept payment of any amount due by any means acceptable\nto the Commission, including by check, credit card, debit card, and electronic\nfunds transfer. The Commission may add to any amount due a sum, not to exceed\nthe amount charged to the Commission, for acceptance of any payment by a means\nthat incurs a charge to the Commission, or it may absorb a portion or all of the\ncost of such charge.\n\nC. If any check or other means of payment is dishonored, declined, refused,\nreversed, charged back to the Commission, returned to the Commission unpaid, or\notherwise rejected for any reason by a financial institution or other third\nparty, the amount of the check or other means of payment shall be charged to the\nperson on whose account it was received and his liability and that of his\nsureties shall be as if payment had never been made. A penalty of $35 or the\namount of any cost incurred by the Commission, whichever is greater, shall be\nadded to such amount. This penalty shall be in addition to any other penalty\nprovided by law, except the penalty imposed by § 58.1-12 shall not apply.\nAny penalties received by the Commission under this section shall be set aside\nand paid into the special fund (i) created under § 13.1-775.1, in the case\nof penalties received by the clerk’s office, or (ii) into which the\npayment that caused the penalty was to be deposited, in the case of penalties\notherwise received by the Commission.\n\nD. The Commission shall issue receipts for all currency received for payments in\nthe course of its duties.\n\nHISTORY: Code 1950, \u00a7\u00a7 12-24, 12-25; 1971, Ex. Sess., c. 157; 1986, c. 15;\n1995, c. 238; 2002, c. 719; 2013, c. 21; 2017, c. 486.","edition":{"id":1,"name":"2025","slug":"2025","date_created":"2026-06-21 22:39:22","date_modified":"2026-06-21 22:39:22","current":1,"order_by":1,"last_import":null}}