{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2026\/code-json\/6.2-2012.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2026\/code-text\/6.2-2012.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2026\/code-xml\/6.2-2012.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2026\/code-html\/6.2-2012.html"}],"law_id":374051,"edition_id":2,"section_id":374051,"structure_id":53197,"section_number":"6.2-2012","catch_line":"Annual fees","history":"2004, c. 790, \u00a7 6.1-363.14; 2008, c. 508; 2010, c. 794.","full_text":"A\n\nTo defray the costs of the examination, supervision, and regulation of licensees, every licensee under this chapter shall pay an annual fee calculated in accordance with a schedule set by the Commission. The schedule shall bear a reasonable relationship to the total number of DMPs maintained by licensees in the Commonwealth, 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 June 1 for every calendar year. All such fees shall be paid by the licensee to the State Treasurer on or before July 1 following each assessment.\n\nB\n\nIn addition to the annual fee prescribed in subsection A, when it becomes necessary to examine or investigate the books and records of a licensee under this chapter 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.\n\n","order_by":null,"text":{"0":{"id":1396349,"text":"To defray the costs of the examination, supervision, and regulation of licensees, every licensee under this chapter shall pay an annual fee calculated in accordance with a schedule set by the Commission. The schedule shall bear a reasonable relationship to the total number of DMPs maintained by licensees in the Commonwealth, 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 June 1 for every calendar year. All such fees shall be paid by the licensee to the State Treasurer on or before July 1 following each assessment.","type":"section","prefixes":["A"],"prefix":"A","entire_prefix":"A","prefix_anchor":"A","level":1,"next_prefix":"B"},"1":{"id":1396350,"text":"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 under this chapter 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.","type":"section","prefixes":["B"],"prefix":"B","entire_prefix":"B","prefix_anchor":"B","level":1,"prior_prefix":"A"}},"ancestry":[{"id":53197,"edition_id":2,"name":"Agencies Providing Debt Management Plans","identifier":"20","label":"chapter","depth":3,"order_by":7,"parent_id":53187,"metadata":{"child_laws":26,"child_structures":0},"date_created":"2026-08-02 03:12:45","date_modified":"2026-08-02 12:28:08","permalink":{"id":1493627,"object_type":"structure","relational_id":53197,"identifier":"20","token":"6.2\/III\/20","url":"\/6.2\/III\/20\/","edition_id":2,"permalink":0,"preferred":1}},{"id":53187,"edition_id":2,"name":"Other Regulated Providers of Financial Services","identifier":"III","label":"subtitle","depth":2,"order_by":3,"parent_id":53152,"metadata":{"child_laws":332,"child_structures":12},"date_created":"2026-08-02 03:12:17","date_modified":"2026-08-02 12:28:07","permalink":{"id":1492723,"object_type":"structure","relational_id":53187,"identifier":"III","token":"6.2\/III","url":"\/6.2\/III\/","edition_id":2,"permalink":0,"preferred":1}},{"id":53152,"edition_id":2,"name":"Financial Institutions and Services","identifier":"6.2","label":"title","depth":1,"order_by":10,"parent_id":null,"metadata":{"child_laws":961,"child_structures":89},"date_created":"2026-08-02 03:11:41","date_modified":"2026-08-02 12:27:53","permalink":{"id":1490251,"object_type":"structure","relational_id":53152,"identifier":"6.2","token":"6.2","url":"\/6.2\/","edition_id":2,"permalink":0,"preferred":1}}],"structure_contents":[{"id":374038,"structure_id":53197,"section_number":"6.2-2000","catch_line":"Definitions","url":"\/6.2-2000\/","token":"6.2\/III\/20\/6.2-2000","metadata":false},{"id":374039,"structure_id":53197,"section_number":"6.2-2001","catch_line":"(Effective July 1, 2026) License requirement; exceptions","url":"\/6.2-2001\/","token":"6.2\/III\/20\/6.2-2001","metadata":false},{"id":374040,"structure_id":53197,"section_number":"6.2-2002","catch_line":"Application for license; form; content; fee","url":"\/6.2-2002\/","token":"6.2\/III\/20\/6.2-2002","metadata":{"court_decisions":{"0":{"name":"Cochran v. Fairfax County Board of Zoning Appeals","case_number":"Record 030982; Record 031770; Record 031771","citation":"267 Va. 756","date":"2004-04-23","url":"https:\/\/www.courtlistener.com\/opinion\/1059092\/cochran-v-fairfax-county-board-of-zoning-appeals\/","abstract":" .\u202f.\u202f. SENIOR JUSTICE RUSSELL .\u202f.\u202f. ","court_html":"SCV<\/abbr>"},"1":{"name":"Bd. of Zoning of the City of Virginia Beach v. Pennington","case_number":"031771","citation":null,"date":"2004-04-23","url":"https:\/\/www.courtlistener.com\/opinion\/1059105\/bd-of-zoning-of-the-city-of-virginia-beach-v-penni\/","abstract":" .\u202f.\u202f. Present: Hassell, C.J., Lacy, Koontz, Kinser, Lemons and .\u202f.\u202f. ","court_html":"SCV<\/abbr>"},"2":{"name":"Cochran v. FAIRFAX COUNTY BD. OF ZONING","case_number":"030982","citation":"594 S.E.2d 571","date":"2004-04-23","url":"https:\/\/www.courtlistener.com\/opinion\/1059103\/cochran-v-fairfax-county-bd-of-zoning\/","abstract":" .\u202f.\u202f. 594 S.E.2d 571 (2004) .\u202f.\u202f. 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","court_html":"Court of Appeals for the Fourth Circuit"}}}},{"id":374051,"structure_id":53197,"section_number":"6.2-2012","catch_line":"Annual fees","url":"\/6.2-2012\/","token":"6.2\/III\/20\/6.2-2012","metadata":{"court_decisions":""}},{"id":374052,"structure_id":53197,"section_number":"6.2-2013","catch_line":"Regulations","url":"\/6.2-2013\/","token":"6.2\/III\/20\/6.2-2013","metadata":false},{"id":374053,"structure_id":53197,"section_number":"6.2-2014","catch_line":"Required and prohibited business methods","url":"\/6.2-2014\/","token":"6.2\/III\/20\/6.2-2014","metadata":false},{"id":374054,"structure_id":53197,"section_number":"6.2-2015","catch_line":"Fees and contributions","url":"\/6.2-2015\/","token":"6.2\/III\/20\/6.2-2015","metadata":false},{"id":374055,"structure_id":53197,"section_number":"6.2-2016","catch_line":"Additional charges","url":"\/6.2-2016\/","token":"6.2\/III\/20\/6.2-2016","metadata":false},{"id":374056,"structure_id":53197,"section_number":"6.2-2017","catch_line":"Advertising","url":"\/6.2-2017\/","token":"6.2\/III\/20\/6.2-2017","metadata":false},{"id":374057,"structure_id":53197,"section_number":"6.2-2018","catch_line":"Suspension or revocation of license","url":"\/6.2-2018\/","token":"6.2\/III\/20\/6.2-2018","metadata":false},{"id":374058,"structure_id":53197,"section_number":"6.2-2019","catch_line":"Cease and desist orders","url":"\/6.2-2019\/","token":"6.2\/III\/20\/6.2-2019","metadata":false},{"id":374060,"structure_id":53197,"section_number":"6.2-2020","catch_line":"Notice of proposed suspension or revocation","url":"\/6.2-2020\/","token":"6.2\/III\/20\/6.2-2020","metadata":false},{"id":374061,"structure_id":53197,"section_number":"6.2-2021","catch_line":"Civil penalties","url":"\/6.2-2021\/","token":"6.2\/III\/20\/6.2-2021","metadata":false},{"id":374062,"structure_id":53197,"section_number":"6.2-2022","catch_line":"Criminal penalty","url":"\/6.2-2022\/","token":"6.2\/III\/20\/6.2-2022","metadata":false},{"id":374063,"structure_id":53197,"section_number":"6.2-2023","catch_line":"Private right of action","url":"\/6.2-2023\/","token":"6.2\/III\/20\/6.2-2023","metadata":false},{"id":374064,"structure_id":53197,"section_number":"6.2-2024","catch_line":"Authority of Attorney General; referral by Commission to Attorney General","url":"\/6.2-2024\/","token":"6.2\/III\/20\/6.2-2024","metadata":false},{"id":374065,"structure_id":53197,"section_number":"6.2-2025","catch_line":"Violation of the Virginia Consumer Protection Act","url":"\/6.2-2025\/","token":"6.2\/III\/20\/6.2-2025","metadata":false}],"previous_section":{"id":374050,"structure_id":53197,"section_number":"6.2-2011","catch_line":"Investigations; examinations","url":"\/6.2-2011\/","token":"6.2\/III\/20\/6.2-2011","metadata":{"court_decisions":{"0":{"name":"Capital One Financial Corporation v. 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This law was first created in 2004. The record of its establishment is cataloged in chapter 790<\/a> of that year\u2019s edition of \u201cActs of Assembly,\u201d the annual state publication listing all changes made to the Code of Virginia in that year. It has been modified 2 times. Those modifications are cataloged by \u201cThe Acts of Assembly,\u201d a state publication, by year and chapter. Those modifications that can be read on the General Assembly\u2019s website will be linked accordingly. Those modifications are as follows: in 2008, chapter 508<\/a>; in 2010, chapter 794<\/a>.<\/p>","references":false,"refers_to":false,"permalink":{"id":1493677,"object_type":"law","relational_id":374051,"identifier":"6.2-2012","token":"6.2\/III\/20\/6.2-2012","url":"\/6.2-2012\/","edition_id":2,"permalink":0,"preferred":1},"url":"\/6.2-2012\/","token":"6.2\/III\/20\/6.2-2012","dublin_core":{"Title":"Annual fees","Type":"Text","Format":"text\/html","Identifier":"\u00a7 6.2-2012","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

A.<\/span> To defray the costs of the examination, supervision, and regulation of licensees<\/span>, every licensee<\/span> under this chapter shall pay an annual fee calculated in accordance with a schedule set by the Commission<\/span>. The schedule shall bear a reasonable relationship to the total number of DMPs<\/span> maintained by licensees<\/span> in the Commonwealth, 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 June 1 for every calendar year. All such fees shall be paid by the licensee<\/span> to the State Treasurer on or before July 1 following each assessment. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

B.<\/span> 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<\/span> under this chapter at a location outside the Commonwealth, the licensee<\/span> shall be liable for and shall pay to the Commission<\/span> 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<\/span>. <\/i><\/a><\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nANNUAL FEES (\u00a7 6.2-2012)\n\nA. To defray the costs of the examination, supervision, and regulation of\nlicensees, every licensee under this chapter shall pay an annual fee calculated\nin accordance with a schedule set by the Commission. The schedule shall bear a\nreasonable relationship to the total number of DMPs maintained by licensees in\nthe Commonwealth, the actual costs of their examinations, and to other factors\nrelating to their supervision and regulation. All such fees shall be assessed on\nor before June 1 for every calendar year. All such fees shall be paid by the\nlicensee to the State Treasurer on or before July 1 following each assessment.\n\nB. In addition to the annual fee prescribed in subsection A, when it becomes\nnecessary to examine or investigate the books and records of a licensee under\nthis chapter at a location outside the Commonwealth, the licensee shall be\nliable for and shall pay to the Commission within 30 days of the presentation of\nan itemized statement, the actual travel and reasonable living expenses incurred\non account of its examination, supervision, and regulation, or shall pay at a\nreasonable per diem rate approved by the Commission.\n\nHISTORY: 2004, c. 790, \u00a7 6.1-363.14; 2008, c. 508; 2010, c. 794.","edition":{"id":2,"name":"2026","slug":"2026","date_created":"2026-07-16 18:40:23","date_modified":"2026-08-02 15:14:36","current":1,"order_by":2,"last_import":"2026-08-02 12:37:30"}}