                                 CODE OF VIRGINIA

COLLECTION OF UNPAID BILLS FOR REGISTRATION FEES AND FRANCHISE TAXES BY LOCAL
TREASURERS (§ 58.1-2814)

The Comptroller may deliver a copy of any past-due bill for a registration fee
or franchise tax, plus penalties and interest, to the treasurer of any county or
city in which the corporation may have any property belonging to it and such
copy of such bill shall have the force and effect of an execution in favor of
the Commonwealth. The treasurer may distrain or levy upon and sell any real or
personal property of such corporation and shall pay the amount of the bill into
the state treasury within ten days after he has collected the same. The
compensation of such treasurer for collecting and paying into the treasury such
bill shall be five percent of the aggregate of the bill, which compensation
shall be added to the bill by the treasurer, collected by him from such
corporation and paid into the state treasury and then repaid to the treasurer on
warrant of the Comptroller.

HISTORY: Code 1950, § 58-464; 1984, c. 675.