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<law><site_title>Virginia Decoded</site_title><site_url>https://vacode.org</site_url><law_id>72194</law_id><section_number>6.2-1532</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><reference>6.2-1511</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="III">Other Regulated Providers of Financial Services</unit><unit label="chapter" level="3" order_by="1" identifier="15">Consumer Finance Companies</unit></structure><text>
						<section><p>To defray the costs of examination, supervision and regulation of licensed consumer finance companies, every <span class="dictionary">licensee</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>, including loans under this chapter and other loans, of various <span class="dictionary">licensees</span> and their affiliates doing business in authorized <span class="dictionary">consumer finance company</span> offices, 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 May 1 of every calendar year. All such fees shall be paid by the <span class="dictionary">licensees</span> to the State Treasurer on or before June 1 following each assessment.</p></section></text><history>1982, c. 609, &#xA7; 6.1-299.1; 2010, c. 794.</history><metadata></metadata></law>
