§ 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.)
Sections: Previous 65.2-1000 65.2-1001 65.2-1002 65.2-1003 65.2-1004 65.2-1005 65.2-1006 65.2-1007 65.2-1008Last modified: April 3, 2009