                                 CODE OF VIRGINIA

FEES FOR EXAMINATION, SUPERVISION, AND REGULATION (§ 6.2-1310)

In order to defray the costs of an examination pursuant to § 6.2-1309 and of
supervision and regulation by the Commission, every credit union shall pay an
annual fee, to be calculated in accordance with a schedule set by the
Commission. The schedule shall bear a reasonable relationship to the total
assets of various individual credit unions, 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 credit union to the state
treasury on or before March 31 following the assessment.

HISTORY: 1981, c. 521, § 6.1-221.1; 1990, c. 373, § 6.1-225.5; 2010, c. 794.