                                 CODE OF VIRGINIA

FEES TO COVER EXPENSE OF REGULATION (§ 13.1-525.1)

The fees paid into the state treasury under this chapter, except for fees and
funds collected for the Literary Fund, shall be deposited into a special fund
and specifically accounted for and used by the State Corporation Commission to
defray the costs of supervising, implementing, and administering the provisions
of this chapter and Chapters 6 (§ 13.1-528 et seq.) and 8 (§ 13.1-557 et seq.)
of this title, and Chapters 6.1 (§ 59.1-92.1 et seq.) and 7 (§ 59.1-93 et
seq.) of Title 59.1. Included in the Commission&#8217;s costs shall be a
reasonable margin in the nature of a reserve fund. All excesses of fees
collected exceeding these costs shall revert to the general fund.

HISTORY: 1987, c. 434.