CODE OF VIRGINIA

AVERAGE ANNUAL PAYROLL (§ 60.2-203)

“Average annual payroll” means the average of the annual payrolls of
any employer for the last three or five preceding calendar years, whichever is
higher.

HISTORY: Code 1950, § 60-5; 1968, c. 738, § 60.1-5; 1986, c. 480.