                                 CODE OF VIRGINIA

FAILURE TO REPORT OR PAY CONTRIBUTIONS OR INSURANCE PREMIUMS (§ 51.1-146)

Every employer shall file all reports and pay all contributions and insurance
premiums required by this title or Board regulation. Failure to file reports or
pay contributions or insurance premiums by the end of the month in which due may
result in a penalty of five percent of the amount due plus interest at the rate
of one percent per month until payment is made. The Board may waive all or a
part of the penalty and interest if good cause is shown. Delinquent
contributions, insurance premiums, penalties, and interest may be recovered by
action in a court of competent jurisdiction. At the discretion of the Board,
contributions, insurance premiums, penalties and interest may be deducted from
the retirement allowance account of the employer or may be deducted by the State
Treasurer, upon warrant of the Comptroller, from any nonearmarked moneys
distributable to the employer by any department or agency of the Commonwealth.

HISTORY: 1980, c. 644, § 51-111.47:1; 1984, c. 430; 1986, c. 474; 1990, c. 832;
1995, c. 307; 1997, c. 273.