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<law><site_title>Virginia Decoded</site_title><site_url>https://vacode.org</site_url><law_id>69201</law_id><section_number>56-75</section_number><catch_line>Fees in connection with applications for authority to issue securities</catch_line><edition url="https://vacode.org/2025/" slug="2025" current="TRUE" last_updated="">2025</edition><referred_to_by><reference>56-55</reference></referred_to_by><structure><unit label="title" level="1" order_by="1" identifier="56">Public Service Companies</unit><unit label="chapter" level="2" order_by="1" identifier="3">Issuance of Stocks, Bonds, Etc.</unit></structure><text>
						<section><p>Upon the filing of an application for the approval of any <span class="dictionary">issue</span> of <span class="dictionary">securities</span> or the making of any <span class="dictionary">loan</span> under the provisions of this chapter, a filing fee in the amount of $25 shall be paid, and upon the approval or validation of any such <span class="dictionary">issue</span> of <span class="dictionary">securities</span> or upon the approval or validation of the making of any such <span class="dictionary">loan</span>, and as a condition <span class="dictionary">precedent</span> to the entry of the <span class="dictionary">order</span> of approval or validation, there shall be paid an additional fee equal to one tenth of one percent of the proposed selling price of the <span class="dictionary">securities</span> and the amount of the <span class="dictionary">loan</span>, subject to credit by the amount of such filing fee, and limited, as to any one <span class="dictionary">issue</span> of <span class="dictionary">securities</span>, whether issued at once or from time to time, and as to any one <span class="dictionary">loan</span> to the amount of $250.
		A <span class="dictionary">public service company</span> may seek approval in one application of more than one <span class="dictionary">issue</span> of <span class="dictionary">securities</span> and more than one <span class="dictionary">loan</span>. In that event, the filing fee shall be twenty-five dollars, and the additional fees shall be computed as if all the <span class="dictionary">issues</span> and <span class="dictionary">loans</span> were one <span class="dictionary">issue</span> or one <span class="dictionary">loan</span>.
		A <span class="dictionary">public service company</span> that has paid filing fees and additional fees aggregating $250 on account of the approval of <span class="dictionary">loans</span> from the United States may apply for the approval of further <span class="dictionary">loans</span> from the United States on payment of a filing fee and without payment of additional fees.
		A filing fee shall in no case be returnable, but additional fees paid in advance of approval shall be returned, in whole or in part, should the application be withdrawn or modified or disapproved in whole or in part.</p></section></text><history>1934, p. 226; Michie Code 1942, &#xA7; 4073(16); 1956, c. 429.</history><metadata></metadata></law>
