                                 CODE OF VIRGINIA

ANNUAL FEES (§ 6.2-1814)

A. To defray the costs of examination, supervision and regulation, every
licensee shall pay an annual fee calculated in accordance with a schedule set by
the Commission. The schedule shall bear a reasonable relationship to the
business volume of licensees, the actual costs of their examinations, and to
other factors relating to their supervision and regulation. All such fees shall
be assessed on or before September 15 for every calendar year. All such fees
shall be paid by the licensee to the State Treasurer on or before October 15
following each assessment.

B. In addition to the annual fee prescribed in subsection A, when it becomes
necessary to examine or investigate the books and records of a licensee at a
location outside the Commonwealth, the licensee shall be liable for and shall
pay to the Commission within 30 days of the presentation of an itemized
statement, the actual travel and reasonable living expenses incurred on account
of its examination, supervision and regulation, or shall pay at a reasonable per
diem rate approved by the Commission.

HISTORY: 2002, c. 897, § 6.1-457; 2010, c. 794.