{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/65.2-1007.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/65.2-1007.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/65.2-1007.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/65.2-1007.html"}],"law_id":73044,"edition_id":1,"section_id":73044,"structure_id":14102,"section_number":"65.2-1007","catch_line":"Disposition of fund","history":"Code 1950, \u00a7 65-127; 1968, c. 660, \u00a7 65.1-136; 1976, c. 603; 1980, c. 554; 1991, c. 355.","full_text":"Upon receiving the payments required by \u00a7 65.2-1002, the Comptroller shall place the whole thereof to the credit of the fund for the administration of this title. Such fund shall not be used for any other purpose, except as hereinafter expressly provided. The Workers’ Compensation Commission shall administer the fund to carry out the provisions of this title and shall disburse the same as hereinafter directed. If the receipts shall exceed the expenditures for any year and a surplus accrue in the fund in excess of one year’s budgeted expenditures, the Commission shall authorize a credit for the ensuing years as provided by \u00a7 65.2-1008. No portion of the fund or any surplus accruing therein shall be paid into the general fund of the state treasury, nor shall the fund be administered, handled or disbursed except as provided in this section. All claims for salaries or expenses, when approved by a majority of the members of the Commission, shall be presented to the Comptroller and audited by him under the provisions of Chapter 8 (\u00a7 2.2-800 et seq.) of Title 2.2, and he shall draw his disbursement warrants therefor on the State Treasurer; however, any claim for $2,000 or less may be approved by the Chairman or his designee. All such claims shall show to whom and for what service, material or other things or reason such amounts are to be paid and shall be accompanied by voucher, checks or receipts covering the same, except as to items of less than one dollar.","order_by":null,"text":{"0":{"id":262998,"text":"Upon receiving the payments required by \u00a7 65.2-1002, the Comptroller shall place the whole thereof to the credit of the fund for the administration of this title. Such fund shall not be used for any other purpose, except as hereinafter expressly provided. The Workers’ Compensation Commission shall administer the fund to carry out the provisions of this title and shall disburse the same as hereinafter directed. If the receipts shall exceed the expenditures for any year and a surplus accrue in the fund in excess of one year’s budgeted expenditures, the Commission shall authorize a credit for the ensuing years as provided by \u00a7 65.2-1008. No portion of the fund or any surplus accruing therein shall be paid into the general fund of the state treasury, nor shall the fund be administered, handled or disbursed except as provided in this section. All claims for salaries or expenses, when approved by a majority of the members of the Commission, shall be presented to the Comptroller and audited by him under the provisions of Chapter 8 (\u00a7 2.2-800 et seq.) of Title 2.2, and he shall draw his disbursement warrants therefor on the State Treasurer; however, any claim for $2,000 or less may be approved by the Chairman or his designee. All such claims shall show to whom and for what service, material or other things or reason such amounts are to be paid and shall be accompanied by voucher, checks or receipts covering the same, except as to items of less than one dollar.","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1}},"ancestry":[{"id":14102,"edition_id":1,"name":"Administrative Fund and Tax Therefor","identifier":"10","label":"chapter","depth":2,"order_by":1,"parent_id":13199,"metadata":{},"date_created":"2026-06-26 03:46:53","date_modified":"2026-06-26 03:46:53","permalink":{"id":276155,"object_type":"structure","relational_id":14102,"identifier":"10","token":"65.2\/10","url":"\/65.2\/10\/","edition_id":1,"permalink":0,"preferred":1}},{"id":13199,"edition_id":1,"name":"Workers' Compensation","identifier":"65.2","label":"title","depth":1,"order_by":1,"parent_id":null,"metadata":{},"date_created":"2026-06-26 03:44:26","date_modified":"2026-06-26 03:44:26","permalink":{"id":276115,"object_type":"structure","relational_id":13199,"identifier":"65.2","token":"65.2","url":"\/65.2\/","edition_id":1,"permalink":0,"preferred":1}}],"structure_contents":[{"id":72546,"structure_id":14102,"section_number":"65.2-1000","catch_line":"Tax for administrative fund","url":"\/65.2-1000\/","token":"65.2\/10\/65.2-1000","metadata":false},{"id":73869,"structure_id":14102,"section_number":"65.2-1001","catch_line":"Returns","url":"\/65.2-1001\/","token":"65.2\/10\/65.2-1001","metadata":false},{"id":55232,"structure_id":14102,"section_number":"65.2-1002","catch_line":"Payment of tax","url":"\/65.2-1002\/","token":"65.2\/10\/65.2-1002","metadata":false},{"id":63721,"structure_id":14102,"section_number":"65.2-1003","catch_line":"Failure to file return","url":"\/65.2-1003\/","token":"65.2\/10\/65.2-1003","metadata":false},{"id":78615,"structure_id":14102,"section_number":"65.2-1004","catch_line":"Withdrawal from business or failure to pay tax","url":"\/65.2-1004\/","token":"65.2\/10\/65.2-1004","metadata":false},{"id":58102,"structure_id":14102,"section_number":"65.2-1005","catch_line":"Tax exclusive of other taxes","url":"\/65.2-1005\/","token":"65.2\/10\/65.2-1005","metadata":false},{"id":83039,"structure_id":14102,"section_number":"65.2-1006","catch_line":"Payroll reports of self-insurers and tax thereon; withholding or providing false or misleading information","url":"\/65.2-1006\/","token":"65.2\/10\/65.2-1006","metadata":false},{"id":73044,"structure_id":14102,"section_number":"65.2-1007","catch_line":"Disposition of fund","url":"\/65.2-1007\/","token":"65.2\/10\/65.2-1007","metadata":false},{"id":76708,"structure_id":14102,"section_number":"65.2-1008","catch_line":"When fund in excess of requirement","url":"\/65.2-1008\/","token":"65.2\/10\/65.2-1008","metadata":false}],"previous_section":{"id":83039,"structure_id":14102,"section_number":"65.2-1006","catch_line":"Payroll reports of self-insurers and tax thereon; withholding or providing false or misleading information","url":"\/65.2-1006\/","token":"65.2\/10\/65.2-1006","metadata":false},"next_section":{"id":76708,"structure_id":14102,"section_number":"65.2-1008","catch_line":"When fund in excess of requirement","url":"\/65.2-1008\/","token":"65.2\/10\/65.2-1008","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/65.2-1007\/","history_text":"

The record of this law\u2019s original creation isn\u2019t available online. It has been modified 4 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 1968, chapter 660; in 1976, chapter 603; in 1980, chapter 554; in 1991, chapter 355.<\/p>","references":[{"id":74938,"section_number":"65.2-605.2","catch_line":"Biennial peer-reviewed studies","order_by":null,"url":"\/65.2-605.2\/"}],"refers_to":[{"id":84371,"section_number":"2.2-800","catch_line":"Department of Accounts created; appointment of Comptroller; oath","order_by":null,"url":"\/2.2-800\/"},{"id":55232,"section_number":"65.2-1002","catch_line":"Payment of tax","order_by":null,"url":"\/65.2-1002\/"},{"id":76708,"section_number":"65.2-1008","catch_line":"When fund in excess of requirement","order_by":null,"url":"\/65.2-1008\/"}],"permalink":{"id":276185,"object_type":"law","relational_id":73044,"identifier":"65.2-1007","token":"65.2\/10\/65.2-1007","url":"\/65.2-1007\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/65.2-1007\/","token":"65.2\/10\/65.2-1007","dublin_core":{"Title":"Disposition of fund","Type":"Text","Format":"text\/html","Identifier":"\u00a7 65.2-1007","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

Upon receiving the payments required by \u00a7 65.2-1002<\/a>, the Comptroller shall place the whole thereof to the credit of the fund for the administration of this title. Such fund shall not be used for any other purpose, except as hereinafter expressly provided. The Workers’ Compensation Commission<\/span> shall administer the fund to carry out the provisions of this title and shall disburse the same as hereinafter directed. If the receipts shall exceed the expenditures for any year and a surplus accrue in the fund in excess of one year’s budgeted expenditures, the Commission<\/span> shall authorize a credit for the ensuing years as provided by \u00a7 65.2-1008<\/a>. No portion of the fund or any surplus accruing therein shall be paid into the general fund of the state treasury, nor shall the fund be administered, handled or disbursed except as provided in this section. All claims for salaries or expenses, when approved by a majority of the members of the Commission<\/span>, shall be presented to the Comptroller and audited by him under the provisions of Chapter 8 (\u00a7 2.2-800<\/a> et seq.) of Title 2.2, and he shall draw his disbursement warrants therefor on the State Treasurer; however, any claim for $2,000 or less may be approved by the Chairman or his designee. All such claims shall show to whom and for what service, material<\/span> or other things or reason such amounts are to be paid and shall be accompanied by voucher, checks or receipts covering the same, except as to items of less than one dollar.<\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nDISPOSITION OF FUND (\u00a7 65.2-1007)\n\nUpon receiving the payments required by \u00a7 65.2-1002, the Comptroller shall\nplace the whole thereof to the credit of the fund for the administration of this\ntitle. Such fund shall not be used for any other purpose, except as hereinafter\nexpressly provided. The Workers’ Compensation Commission shall administer\nthe fund to carry out the provisions of this title and shall disburse the same\nas hereinafter directed. If the receipts shall exceed the expenditures for any\nyear and a surplus accrue in the fund in excess of one year’s budgeted\nexpenditures, the Commission shall authorize a credit for the ensuing years as\nprovided by \u00a7 65.2-1008. No portion of the fund or any surplus accruing therein\nshall be paid into the general fund of the state treasury, nor shall the fund be\nadministered, handled or disbursed except as provided in this section. All\nclaims for salaries or expenses, when approved by a majority of the members of\nthe Commission, shall be presented to the Comptroller and audited by him under\nthe provisions of Chapter 8 (\u00a7 2.2-800 et seq.) of Title 2.2, and he shall draw\nhis disbursement warrants therefor on the State Treasurer; however, any claim\nfor $2,000 or less may be approved by the Chairman or his designee. All such\nclaims shall show to whom and for what service, material or other things or\nreason such amounts are to be paid and shall be accompanied by voucher, checks\nor receipts covering the same, except as to items of less than one dollar.\n\nHISTORY: Code 1950, \u00a7 65-127; 1968, c. 660, \u00a7 65.1-136; 1976, c. 603; 1980, c.\n554; 1991, c. 355.","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}}