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<law><site_title>Virginia Decoded</site_title><site_url>https://vacode.org</site_url><law_id>75126</law_id><section_number>28.2-612</section_number><catch_line>Payment of annual rental; penalty for default</catch_line><edition url="https://vacode.org/2025/" slug="2025" current="TRUE" last_updated="">2025</edition><structure><unit label="title" level="1" order_by="1" identifier="28.2">Fisheries and Habitat of the Tidal Waters</unit><unit label="subtitle" level="2" order_by="1" identifier="II">Tidal Fisheries</unit><unit label="chapter" level="3" order_by="1" identifier="6">Planting Grounds</unit><unit label="article" level="4" order_by="1" identifier="2">General Oyster-Planting Grounds</unit></structure><text>
						<section><p>The applicant shall pay to the <span class="dictionary">Commission</span> annual rent of $1.50 per acre or any fraction thereof, except as provided for the Chesapeake Bay and for bathing ground. Such payment shall be due on September 1 of each year after the date of assignment, plus a ten percent <span class="dictionary">penalty</span> if not paid on or before December 5.</p></section></text><history>Code 1950, &#xA7; 28-124; 1954, c. 352; 1958, c. 183; 1960, c. 517; 1962, c. 406, &#xA7; 28.1-109(11); 1964, c. 393; 1966, c. 684; 1970, c. 726; 1972, c. 644; 1973, c. 14; 1978, cc. 546, 548; 1980, cc. 34, 609; 1984, c. 259; 1992, c. 836.</history><metadata></metadata></law>
