Section 90. Certification of debt; finalization of setoff


Latest version.
  • Upon final determination of the debt due and owing Transportation or upon the debtor's default for failure to comply with § 58.1-525 of the Code of Virginia, Transportation shall, within 20 days, certify the debt to Taxation and in default thereof, Taxation shall no longer be obligated to hold the refund for setoff. Upon receipt of a certified debt from Transportation, Taxation shall finalize the setoff by transferring the proceeds collected for credit or payment in accordance with the provisions of § 58.1-532 of the Code of Virginia and by refunding any remaining balance to the debtor as if setoff had not occurred.

Historical Notes

Derived from VR385-01-17 § 9, eff. January 1, 1984.

Statutory Authority

§ 33.2-210 of the Code of Virginia.