Virginia Code 6.2-2103: Registration fees; reports
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A. Each registration form shall be accompanied by payment of a $200 fee, which shall not be refundable or abated in any event.
Terms Used In Virginia Code 6.2-2103
- Check casher: means a person engaged in the business of cashing checks, drafts, or money orders for compensation. See Virginia Code 6.2-2100
- Commission: means the State Corporation Commission. See Virginia Code 6.2-100
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Registration: means a registration filed under this chapter. See Virginia Code 6.2-2100
- State: when applied to a part of the United States, includes any of the 50 states, the District of Columbia, the Commonwealth of Puerto Rico, Guam, the Northern Mariana Islands, and the United States Virgin Islands. See Virginia Code 1-245
B. To defray the costs of their examination, supervision and regulation, check cashers required to be registered under this chapter shall pay to the Commission annually on or before July 1 a registration fee in an amount prescribed by the Commission, but not exceeding $250.
C. All fees shall be paid into the state treasury and credited to the “Financial Institutions Special Fund — State Corporation Commission.”
D. Every check casher required to be registered under this chapter shall file such annual or other reports as the Commission may prescribe.