CODE OF VIRGINIA

COMMISSIONER TO RETAIN ORIGINAL PERSONAL PROPERTY BOOK; REPRODUCTION OF BOOK;
DISPOSITION OF COPIES (§ 58.1-3118)

Each commissioner of the revenue shall retain in his office the original
personal property book. Each commissioner of the revenue shall deliver one
certified copy of the personal property book to the treasurer of his county or
city and, if requested by the Department in writing, to the Department of
Taxation. The personal property books may be produced in the form of microfilm,
microfiche, any other similar microphotographic process, or by electronic means
and shall be distributed as designated in that form so long as such process
complies with standards adopted pursuant to regulations issued under § 42.1-82
for microfilm, microfiche, other similar microphotographic process, or
electronic means and is acceptable to and meets the requirement of the
recipients of copies of the personal property book as designated by this
section. For failure to deliver the copies in the manner herein provided by
September 1 of each year, or within 90 days from the date the rate of tax on
personal property has been determined, whichever date shall occur last, the
commissioner of the revenue shall be fined not less than $ 50 nor more than $
200 and he shall not be paid any compensation which he may be due, payable out
of the state treasury, for making out such books. But the Department of Taxation
may, for good cause and upon written notice to the county or city treasurer and
local governing body, extend the time of delivery for such books.The treasurer
and the commissioner of the revenue need not preserve copies of the personal
property book for a period of longer than six years following the tax year to
which such book relates.

HISTORY: Code 1950, § 58-884; 1960, c. 49; 1962, c. 281; 1975, c. 45; 1980, c.
343; 1981, c. 158; 1984, c. 675; 1997, c. 701; 1999, c. 52; 2003, c. 8.