Code of Virginia
Chapter 5 - Taxation
§ 60.2-503. Authority to terminate elections

If any nonprofit organization is delinquent in making payments in lieu of taxes as required under subsection C of § 60.2-501, the Commission may terminate such organization's election to make payments in lieu of taxes as of the beginning of the next taxable year, and such termination shall be effective for that and the next taxable year.
1974, c. 466, § 60.1-89; 1981, cc. 248, 252; 1986, c. 480.

Structure Code of Virginia

Code of Virginia

Title 60.2 - Unemployment Compensation

Chapter 5 - Taxation

§ 60.2-500. Determination with respect to whether employing unit is employer; whether services constitute employment; or whether business transfer is illegal

§ 60.2-501. Financing of benefits to employees of nonprofit organizations

§ 60.2-502. Bonding of nonprofit organizations

§ 60.2-503. Authority to terminate elections

§ 60.2-504. Allocation of benefit costs

§ 60.2-505. Group accounts

§ 60.2-506. Financing of benefits to state employees

§ 60.2-507. Financing of benefits to employees of governmental entities

§ 60.2-507.1. Financing of benefits to employees of Indian tribes

§ 60.2-508. Period of coverage generally; account required

§ 60.2-509. Termination of coverage

§ 60.2-510. Election as to coverage

§ 60.2-511. How and when taxes payable

§ 60.2-512. Requiring payroll and tax reports and payment of taxes

§ 60.2-513. Failure of employing unit to file reports; assessment and amount of penalty

§ 60.2-514. Limitation on proceeding to establish liability for taxes

§ 60.2-515. Amount of taxes; increase of rate

§ 60.2-516. Taxes and payments in lieu of taxes not deducted from wages

§ 60.2-517. How fractional part of cent computed

§ 60.2-518. False statements, etc., by employing units; failure to furnish reports, etc.

§ 60.2-519. Interest on past-due taxes

§ 60.2-519.1. Bad check charge

§ 60.2-519.2. Service charge for payment of taxes by certain means

§ 60.2-520. Taxes which accrued while employer was in armed forces

§ 60.2-521. Collection by civil action; persons subject to civil actions; other remedies; compromise and adjustment

§ 60.2-522. Injunction

§ 60.2-523. Priorities under legal dissolutions or distributions

§ 60.2-524. Refunds

§ 60.2-525. Statement of employer's benefit charges and taxes

§ 60.2-526. General provisions

§ 60.2-527. Tax rate of certain foreign contractors

§ 60.2-528. Individual benefit charges

§ 60.2-528.1. Charging of benefits relating to certain overpayments; penalty for pattern of failure to respond to requests for information

§ 60.2-529. Employer's benefit charges

§ 60.2-530. Benefit ratio

§ 60.2-531. Experience rating tax; table

§ 60.2-532. Pool cost charges

§ 60.2-533. Fund balance factor

§ 60.2-534. Tax rate defined

§ 60.2-535. Employing unit acquiring business, etc., of another employing unit

§ 60.2-536. Review of decision under § 60.2-535

§ 60.2-536.1. Transfers for the purpose of obtaining a lower unemployment compensation tax rate; assignment of rates

§ 60.2-536.2. Advisory opinion by the Commission

§ 60.2-536.3. Violations; penalties

§ 60.2-536.4. Interpretation

§ 60.2-536.5. Definitions

§ 60.2-537. Reduced tax rate permissible under federal amendment

§ 60.2-538. Where employer's taxes are delinquent