CODE OF VIRGINIA

INTANGIBLE PERSONAL PROPERTY ASSESSMENT SHEETS OR FORMS (§ 58.1-1118)

The Department shall prescribe and furnish assessment sheets or forms for the
use of every commissioner of the revenue in making assessments of intangible
personal property. These assessment sheets or forms shall be made out in as many
copies as may be prescribed by the Department. The original and, if the
Department so prescribes, one copy of each such sheet or form shall be delivered
to the treasurer of the county or city; one copy shall be sent the Department,
and one copy shall be retained by the commissioner of the revenue. The
commissioner of the revenue shall make out an assessment sheet or form daily as
and when returns are received, or in the case of additional assessments, as and
when made, and shall continue so to make out such sheets or forms daily until
all returns so received by him have been assessed. The commissioner of the
revenue shall each day deliver the original and, if the Department so
prescribes, one copy of each such sheet or form so made out that day to the
treasurer of the county or city. Within ten days after the close of each month
the commissioner of the revenue shall transmit to the Department its copy of the
assessment sheets or forms showing assessments made throughout such month.
Intangible personal property shall not be entered on the personal property book.

HISTORY: Code 1950, § 58-440; 1960, c. 508; 1984, c. 675.