{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/2.2-4805.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/2.2-4805.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/2.2-4805.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/2.2-4805.html"}],"law_id":59860,"edition_id":1,"section_id":59860,"structure_id":13795,"section_number":"2.2-4805","catch_line":"Interest, administrative charges and penalty fees","history":"1988, c. 544, \u00a7 2.1-732; 2001, c. 844; 2009, c. 797.","full_text":"A\n\nEach state agency and institution may charge interest on all past due accounts receivable in accordance with guidelines adopted by the Department of Accounts. Each past due accounts receivable may also be charged an additional amount that shall approximate the administrative costs arising under &#xA7; 2.2-4806. Agencies and institutions may also assess late penalty fees, not in excess of ten percent of the past-due account on past-due accounts receivable. The Department of Accounts shall adopt regulations concerning the imposition of administrative charges and late penalty fees.B\n\nFailure to pay in full at the time goods, services, or treatment are rendered by the Commonwealth or when billed for a debt owed to any agency of the Commonwealth shall result in the imposition of interest at the judgment rate as provided in &#xA7; 6.2-302 on the unpaid balance unless a higher interest rate is authorized by contract with the debtor or provided otherwise by statute. Interest shall begin to accrue on the 60th day after the date of the initial written demand for payment. A public institution of higher education in the Commonwealth may elect to impose a late fee in addition to, or in lieu of, interest for such time as the institution retains the claim pursuant to subsection D of &#xA7; 2.2-4806. Returned checks or dishonored credit card or debit card payments shall incur a handling fee of $50 unless a higher amount is authorized by statute to be added to the principal account balance.C\n\nIf the matter is referred for collection to the Division, the debtor shall be liable for reasonable attorney fees unless higher attorney fees are authorized by contract with the debtor.D\n\nA request for or acceptance of goods or services from the Commonwealth, including medical treatment, shall be deemed to be acceptance of the terms specified in this section.","order_by":null,"text":{"0":{"id":219269,"text":"Each state agency and institution may charge interest on all past due accounts receivable in accordance with guidelines adopted by the Department of Accounts. Each past due accounts receivable may also be charged an additional amount that shall approximate the administrative costs arising under &#xA7; 2.2-4806. Agencies and institutions may also assess late penalty fees, not in excess of ten percent of the past-due account on past-due accounts receivable. The Department of Accounts shall adopt regulations concerning the imposition of administrative charges and late penalty fees.","type":"section","prefixes":["A"],"prefix":"A","entire_prefix":"A","prefix_anchor":"A","level":1,"next_prefix":"B"},"1":{"id":219270,"text":"Failure to pay in full at the time goods, services, or treatment are rendered by the Commonwealth or when billed for a debt owed to any agency of the Commonwealth shall result in the imposition of interest at the judgment rate as provided in &#xA7; 6.2-302 on the unpaid balance unless a higher interest rate is authorized by contract with the debtor or provided otherwise by statute. Interest shall begin to accrue on the 60th day after the date of the initial written demand for payment. A public institution of higher education in the Commonwealth may elect to impose a late fee in addition to, or in lieu of, interest for such time as the institution retains the claim pursuant to subsection D of &#xA7; 2.2-4806. Returned checks or dishonored credit card or debit card payments shall incur a handling fee of $50 unless a higher amount is authorized by statute to be added to the principal account balance.","type":"section","prefixes":["B"],"prefix":"B","entire_prefix":"B","prefix_anchor":"B","level":1,"prior_prefix":"A","next_prefix":"C"},"2":{"id":219271,"text":"If the matter is referred for collection to the Division, the debtor shall be liable for reasonable attorney fees unless higher attorney fees are authorized by contract with the debtor.","type":"section","prefixes":["C"],"prefix":"C","entire_prefix":"C","prefix_anchor":"C","level":1,"prior_prefix":"B","next_prefix":"D"},"3":{"id":219272,"text":"A request for or acceptance of goods or services from the Commonwealth, including medical treatment, shall be deemed to be acceptance of the terms specified in this section.","type":"section","prefixes":["D"],"prefix":"D","entire_prefix":"D","prefix_anchor":"D","level":1,"prior_prefix":"C"}},"ancestry":[{"id":13795,"edition_id":1,"name":"Virginia Debt Collection Act","identifier":"48","label":"chapter","depth":4,"order_by":1,"parent_id":12751,"metadata":{},"date_created":"2026-06-26 03:45:54","date_modified":"2026-06-26 03:45:54","permalink":{"id":177647,"object_type":"structure","relational_id":13795,"identifier":"48","token":"2.2\/II\/B\/48","url":"\/2.2\/II\/B\/48\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12751,"edition_id":1,"name":"Transaction of Public Business","identifier":"B","label":"part","depth":3,"order_by":1,"parent_id":12750,"metadata":{},"date_created":"2026-06-26 03:43:51","date_modified":"2026-06-26 03:43:51","permalink":{"id":176445,"object_type":"structure","relational_id":12751,"identifier":"B","token":"2.2\/II\/B","url":"\/2.2\/II\/B\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12750,"edition_id":1,"name":"Administration of State Government","identifier":"II","label":"subtitle","depth":2,"order_by":1,"parent_id":12749,"metadata":{},"date_created":"2026-06-26 03:43:51","date_modified":"2026-06-26 03:43:51","permalink":{"id":176253,"object_type":"structure","relational_id":12750,"identifier":"II","token":"2.2\/II","url":"\/2.2\/II\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12749,"edition_id":1,"name":"Administration of Government","identifier":"2.2","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":171453,"object_type":"structure","relational_id":12749,"identifier":"2.2","token":"2.2","url":"\/2.2\/","edition_id":1,"permalink":0,"preferred":1}}],"structure_contents":[{"id":85840,"structure_id":13795,"section_number":"2.2-4800","catch_line":"Policy of the Commonwealth; collection of accounts receivable","url":"\/2.2-4800\/","token":"2.2\/II\/B\/48\/2.2-4800","metadata":false},{"id":54803,"structure_id":13795,"section_number":"2.2-4801","catch_line":"Definitions","url":"\/2.2-4801\/","token":"2.2\/II\/B\/48\/2.2-4801","metadata":false},{"id":63332,"structure_id":13795,"section_number":"2.2-4802","catch_line":"Responsibility for accounts receivable policy; reports","url":"\/2.2-4802\/","token":"2.2\/II\/B\/48\/2.2-4802","metadata":false},{"id":85117,"structure_id":13795,"section_number":"2.2-4803","catch_line":"Legal counsel","url":"\/2.2-4803\/","token":"2.2\/II\/B\/48\/2.2-4803","metadata":false},{"id":66982,"structure_id":13795,"section_number":"2.2-4804","catch_line":"Annual reports","url":"\/2.2-4804\/","token":"2.2\/II\/B\/48\/2.2-4804","metadata":false},{"id":59860,"structure_id":13795,"section_number":"2.2-4805","catch_line":"Interest, administrative charges and penalty fees","url":"\/2.2-4805\/","token":"2.2\/II\/B\/48\/2.2-4805","metadata":false},{"id":82598,"structure_id":13795,"section_number":"2.2-4806","catch_line":"Utilization of certain collection techniques","url":"\/2.2-4806\/","token":"2.2\/II\/B\/48\/2.2-4806","metadata":false},{"id":83558,"structure_id":13795,"section_number":"2.2-4807","catch_line":"Debtor information and skip-tracing","url":"\/2.2-4807\/","token":"2.2\/II\/B\/48\/2.2-4807","metadata":false},{"id":73907,"structure_id":13795,"section_number":"2.2-4808","catch_line":"Provision of state services to delinquent debtors","url":"\/2.2-4808\/","token":"2.2\/II\/B\/48\/2.2-4808","metadata":false},{"id":87320,"structure_id":13795,"section_number":"2.2-4809","catch_line":"Agreement authorized; setoff federal debts","url":"\/2.2-4809\/","token":"2.2\/II\/B\/48\/2.2-4809","metadata":false}],"previous_section":{"id":66982,"structure_id":13795,"section_number":"2.2-4804","catch_line":"Annual reports","url":"\/2.2-4804\/","token":"2.2\/II\/B\/48\/2.2-4804","metadata":false},"next_section":{"id":82598,"structure_id":13795,"section_number":"2.2-4806","catch_line":"Utilization of certain collection techniques","url":"\/2.2-4806\/","token":"2.2\/II\/B\/48\/2.2-4806","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/2.2-4805\/","history_text":"<p>This law was first created in 1988. The record of its establishment is cataloged in chapter 544 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. Unfortunately, the 1988 \u201cActs\u201d aren\u2019t available online. It has been modified 2 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 2001, chapter <a href=\"https:\/\/legacylis.virginia.gov\/cgi-bin\/legp604.exe?011+ful+CHAP0844\">844<\/a>; in 2009, chapter <a href=\"https:\/\/legacylis.virginia.gov\/cgi-bin\/legp604.exe?091+ful+CHAP0797\">797<\/a>.<\/p>","references":[{"id":57579,"section_number":"2.2-518","catch_line":"Division of Debt Collection","order_by":null,"url":"\/2.2-518\/"},{"id":67565,"section_number":"23.1-619","catch_line":"Collection of loans","order_by":null,"url":"\/23.1-619\/"}],"refers_to":[{"id":82598,"section_number":"2.2-4806","catch_line":"Utilization of certain collection techniques","order_by":null,"url":"\/2.2-4806\/"},{"id":70402,"section_number":"6.2-302","catch_line":"Judgment rate of interest","order_by":null,"url":"\/6.2-302\/"}],"permalink":{"id":177669,"object_type":"law","relational_id":59860,"identifier":"2.2-4805","token":"2.2\/II\/B\/48\/2.2-4805","url":"\/2.2-4805\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/2.2-4805\/","token":"2.2\/II\/B\/48\/2.2-4805","dublin_core":{"Title":"Interest, administrative charges and penalty fees","Type":"Text","Format":"text\/html","Identifier":"\u00a7 2.2-4805","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t<section id=\"A\"><p><span class=\"prefix-number\">A.<\/span> Each <span class=\"dictionary\">state agency and institution<\/span> may charge interest on all past due accounts receivable in accordance with guidelines adopted by the Department of Accounts. Each past due accounts receivable may also be charged an additional amount that shall approximate the administrative costs arising under &#xA7; <a class=\"law\" title=\"Utilization of certain collection techniques\" href=\"\/2.2-4806\/\">2.2-4806<\/a>. Agencies and institutions may also assess late <span class=\"dictionary\">penalty<\/span> fees, not in excess of ten percent of the <span class=\"dictionary\">past-due<\/span> account on <span class=\"dictionary\">past-due<\/span> accounts receivable. The Department of Accounts shall adopt regulations concerning the imposition of administrative charges and late <span class=\"dictionary\">penalty<\/span> fees. <a id=\"paragraph-219269\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/2.2-4805\/#A\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t<section id=\"B\"><p><span class=\"prefix-number\">B.<\/span> Failure to pay in full at the time goods, services, or treatment are rendered by the Commonwealth or when billed for a debt owed to any agency of the Commonwealth shall result in the imposition of interest at the <span class=\"dictionary\">judgment<\/span> rate as provided in &#xA7; <a class=\"law\" title=\"Judgment rate of interest\" href=\"\/6.2-302\/\">6.2-302<\/a> on the unpaid balance unless a higher interest rate is authorized by <span class=\"dictionary\">contract<\/span> with the debtor or provided otherwise by <span class=\"dictionary\">statute<\/span>. Interest shall begin to accrue on the 60th day after the date of the initial written demand for payment. A public institution of higher education in the Commonwealth may elect to impose a late fee in addition to, or in lieu of, interest for such time as the institution retains the claim pursuant to subsection D of &#xA7; <a class=\"law\" title=\"Utilization of certain collection techniques\" href=\"\/2.2-4806\/\">2.2-4806<\/a>. Returned checks or dishonored credit card or debit card payments shall incur a handling fee of $50 unless a higher amount is authorized by <span class=\"dictionary\">statute<\/span> to be added to the principal account balance. <a id=\"paragraph-219270\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/2.2-4805\/#B\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t<section id=\"C\"><p><span class=\"prefix-number\">C.<\/span> If the matter is referred for collection to the <span class=\"dictionary\">Division<\/span>, the debtor shall be liable for reasonable attorney fees unless higher attorney fees are authorized by <span class=\"dictionary\">contract<\/span> with the debtor. <a id=\"paragraph-219271\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/2.2-4805\/#C\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t<section id=\"D\"><p><span class=\"prefix-number\">D.<\/span> A request for or acceptance of goods or services from the Commonwealth, including medical treatment, shall be deemed to be acceptance of the terms specified in this section. <a id=\"paragraph-219272\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/2.2-4805\/#D\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>","plain_text":"                                 CODE OF VIRGINIA\n\nINTEREST, ADMINISTRATIVE CHARGES AND PENALTY FEES (\u00a7 2.2-4805)\n\nA. Each state agency and institution may charge interest on all past due\naccounts receivable in accordance with guidelines adopted by the Department of\nAccounts. Each past due accounts receivable may also be charged an additional\namount that shall approximate the administrative costs arising under &#xA7;\n2.2-4806. Agencies and institutions may also assess late penalty fees, not in\nexcess of ten percent of the past-due account on past-due accounts receivable.\nThe Department of Accounts shall adopt regulations concerning the imposition of\nadministrative charges and late penalty fees.\n\nB. Failure to pay in full at the time goods, services, or treatment are rendered\nby the Commonwealth or when billed for a debt owed to any agency of the\nCommonwealth shall result in the imposition of interest at the judgment rate as\nprovided in &#xA7; 6.2-302 on the unpaid balance unless a higher interest rate\nis authorized by contract with the debtor or provided otherwise by statute.\nInterest shall begin to accrue on the 60th day after the date of the initial\nwritten demand for payment. A public institution of higher education in the\nCommonwealth may elect to impose a late fee in addition to, or in lieu of,\ninterest for such time as the institution retains the claim pursuant to\nsubsection D of &#xA7; 2.2-4806. Returned checks or dishonored credit card or\ndebit card payments shall incur a handling fee of $50 unless a higher amount is\nauthorized by statute to be added to the principal account balance.\n\nC. If the matter is referred for collection to the Division, the debtor shall be\nliable for reasonable attorney fees unless higher attorney fees are authorized\nby contract with the debtor.\n\nD. A request for or acceptance of goods or services from the Commonwealth,\nincluding medical treatment, shall be deemed to be acceptance of the terms\nspecified in this section.\n\nHISTORY: 1988, c. 544, \u00a7 2.1-732; 2001, c. 844; 2009, c. 797.","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}}