Va. Code § 65.2-1008

Current with changes from the 2024 legislative session through ch. 845

Section 65.2-1008 - When fund in excess of requirement

If it be ascertained that the tax collected exceeds the total chargeable against the maintenance fund under the provisions of this title, the Workers' Compensation Commission shall authorize a corresponding credit upon the collection for any year or make refunds of taxes collected in such amounts as are necessary to maintain a fund balance not exceeding one year's budgeted expenditures.

Code 1950, § 65-128; 1968, c. 660, § 65.1-137; 1976, c. 603; 1991, c. 355.

Amended by Acts 1991, § c. 355.

Amended by Acts 1976, § c. 603.

Amended by Acts 1968, § c. 660, § 65.1-137.