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<law><site_title>Virginia Decoded</site_title><site_url>https://vacode.org</site_url><law_id>79662</law_id><section_number>6.2-1310</section_number><catch_line>Fees for examination, supervision, and regulation</catch_line><edition url="https://vacode.org/2025/" slug="2025" current="TRUE" last_updated="">2025</edition><referred_to_by><reference>6.2-102</reference></referred_to_by><structure><unit label="title" level="1" order_by="1" identifier="6.2">Financial Institutions and Services</unit><unit label="subtitle" level="2" order_by="1" identifier="II">Depository Institutions and Trust Organizations</unit><unit label="chapter" level="3" order_by="1" identifier="13">Credit Unions</unit><unit label="article" level="4" order_by="1" identifier="2">Supervision and Regulation</unit></structure><text>
						<section><p>In <span class="dictionary">order</span> to defray the costs of an examination pursuant to &#xA7;&#xA0;<a class="law" title="Examinations" href="/6.2-1309/">6.2-1309</a> and of supervision and regulation by the <span class="dictionary">Commission</span>, every <span class="dictionary">credit union</span> shall pay an annual fee, to be calculated in accordance with a schedule set by the <span class="dictionary">Commission</span>. The schedule shall bear a reasonable relationship to the total <span class="dictionary">assets</span> of various individual <span class="dictionary">credit unions</span>, to the actual cost of their respective examinations, and to other factors relating to their supervision and regulation. Fees shall be assessed pursuant to this section on or before March 1 each year. All fees so assessed shall be paid by the <span class="dictionary">credit union</span> to the state treasury on or before March 31 following the assessment.</p></section></text><history>1981, c. 521, &#xA7; 6.1-221.1; 1990, c. 373, &#xA7; 6.1-225.5; 2010, c. 794.</history><metadata></metadata></law>
