{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/13.1-1254.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/13.1-1254.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/13.1-1254.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/13.1-1254.html"}],"law_id":75240,"edition_id":1,"section_id":75240,"structure_id":13743,"section_number":"13.1-1254","catch_line":"Penalty for failure to timely pay annual registration fees or file statement of change","history":"2002, c. 621; 2003, c. 373; 2004, cc. 274, 601; 2008, c. 101.","full_text":"A\n\nAny 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\n\nThe 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.","order_by":null,"text":{"0":{"id":270202,"text":"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.","type":"section","prefixes":["A"],"prefix":"A","entire_prefix":"A","prefix_anchor":"A","level":1,"next_prefix":"B"},"1":{"id":270203,"text":"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.","type":"section","prefixes":["B"],"prefix":"B","entire_prefix":"B","prefix_anchor":"B","level":1,"prior_prefix":"A"}},"ancestry":[{"id":13743,"edition_id":1,"name":"Annual Registration Fees","identifier":"10","label":"article","depth":3,"order_by":1,"parent_id":12745,"metadata":{},"date_created":"2026-06-26 03:45:45","date_modified":"2026-06-26 03:45:45","permalink":{"id":149151,"object_type":"structure","relational_id":13743,"identifier":"10","token":"13.1\/14\/10","url":"\/13.1\/14\/10\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12745,"edition_id":1,"name":"Virginia Business Trust Act","identifier":"14","label":"chapter","depth":2,"order_by":1,"parent_id":12744,"metadata":{},"date_created":"2026-06-26 03:43:51","date_modified":"2026-06-26 03:43:51","permalink":{"id":149111,"object_type":"structure","relational_id":12745,"identifier":"14","token":"13.1\/14","url":"\/13.1\/14\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12744,"edition_id":1,"name":"Corporations","identifier":"13.1","label":"title","depth":1,"order_by":1,"parent_id":null,"metadata":{},"date_created":"2026-06-26 03:43:51","date_modified":"2026-06-26 03:43:51","permalink":{"id":147493,"object_type":"structure","relational_id":12744,"identifier":"13.1","token":"13.1","url":"\/13.1\/","edition_id":1,"permalink":0,"preferred":1}}],"structure_contents":[{"id":83695,"structure_id":13743,"section_number":"13.1-1251","catch_line":"Annual registration fees to be assessed and collected by Commission; application of payment","url":"\/13.1-1251\/","token":"13.1\/14\/10\/13.1-1251","metadata":false},{"id":59438,"structure_id":13743,"section_number":"13.1-1252","catch_line":"Assessment of annual registration fees; annual registration fee to be paid by domestic and foreign business trusts","url":"\/13.1-1252\/","token":"13.1\/14\/10\/13.1-1252","metadata":false},{"id":54745,"structure_id":13743,"section_number":"13.1-1253","catch_line":"Repealed","url":"\/13.1-1253\/","token":"13.1\/14\/10\/13.1-1253","metadata":false},{"id":75240,"structure_id":13743,"section_number":"13.1-1254","catch_line":"Penalty for failure to timely pay annual registration fees or file statement of change","url":"\/13.1-1254\/","token":"13.1\/14\/10\/13.1-1254","metadata":false},{"id":62944,"structure_id":13743,"section_number":"13.1-1255","catch_line":"Payment of fees, fines, penalties, and interest prerequisite to Commission action; refunds","url":"\/13.1-1255\/","token":"13.1\/14\/10\/13.1-1255","metadata":false},{"id":55960,"structure_id":13743,"section_number":"13.1-1256","catch_line":"Collection by suit and of unpaid bills","url":"\/13.1-1256\/","token":"13.1\/14\/10\/13.1-1256","metadata":false}],"previous_section":{"id":54745,"structure_id":13743,"section_number":"13.1-1253","catch_line":"Repealed","url":"\/13.1-1253\/","token":"13.1\/14\/10\/13.1-1253","metadata":false},"next_section":{"id":62944,"structure_id":13743,"section_number":"13.1-1255","catch_line":"Payment of fees, fines, penalties, and interest prerequisite to Commission action; refunds","url":"\/13.1-1255\/","token":"13.1\/14\/10\/13.1-1255","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/13.1-1254\/","history_text":"

This law was first created in 2002. The record of its establishment is cataloged in chapter 621<\/a> of that year\u2019s edition of \u201cActs of Assembly,\u201d the annual state publication listing all changes made to the Code of Virginia in that year. It has been modified 3 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 2003, chapter 373<\/a>; in 2004, chapters 274<\/a> and 601<\/a>; in 2008, chapter 101<\/a>.<\/p>","references":[{"id":60423,"section_number":"13.1-1238.1","catch_line":"Automatic cancellation of business trust existence","order_by":null,"url":"\/13.1-1238.1\/"},{"id":66132,"section_number":"13.1-1246.1","catch_line":"Automatic cancellation of registration","order_by":null,"url":"\/13.1-1246.1\/"}],"refers_to":[{"id":59438,"section_number":"13.1-1252","catch_line":"Assessment of annual registration fees; annual registration fee to be paid by domestic and foreign business trusts","order_by":null,"url":"\/13.1-1252\/"}],"permalink":{"id":149165,"object_type":"law","relational_id":75240,"identifier":"13.1-1254","token":"13.1\/14\/10\/13.1-1254","url":"\/13.1-1254\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/13.1-1254\/","token":"13.1\/14\/10\/13.1-1254","dublin_core":{"Title":"Penalty for failure to timely pay annual registration fees or file statement of change","Type":"Text","Format":"text\/html","Identifier":"\u00a7 13.1-1254","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

A.<\/span> Any domestic or any foreign business trust<\/span> that fails to pay the annual registration fee into the state treasury within the time prescribed in § 13.1-1252<\/a> shall incur a penalty<\/span> of $25, which shall be added to the amount of the annual registration fee due. The penalty<\/span> prescribed herein shall be in addition to any other penalty<\/span> or liability imposed by law<\/span>. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

B.<\/span> The Commission<\/span> shall mail to each domestic and foreign business trust<\/span> that fails to pay its annual registration fee within the time prescribed in § 13.1-1252<\/a> a notice of assessment of the penalty<\/span> imposed herein and of the impending cancellation of its existence or certificate of registration, as the case may be. <\/i><\/a><\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nPENALTY FOR FAILURE TO TIMELY PAY ANNUAL REGISTRATION FEES OR FILE STATEMENT OF\nCHANGE (\u00a7 13.1-1254)\n\nA. Any domestic or any foreign business trust that fails to pay the annual\nregistration fee into the state treasury within the time prescribed in §\n13.1-1252 shall incur a penalty of $25, which shall be added to the amount of\nthe annual registration fee due. The penalty prescribed herein shall be in\naddition to any other penalty or liability imposed by law.\n\nB. The Commission shall mail to each domestic and foreign business trust that\nfails to pay its annual registration fee within the time prescribed in §\n13.1-1252 a notice of assessment of the penalty imposed herein and of the\nimpending cancellation of its existence or certificate of registration, as the\ncase may be.\n\nHISTORY: 2002, c. 621; 2003, c. 373; 2004, cc. 274, 601; 2008, c. 101.","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}}