Failure to keep or retain records; civil penalty

Va. Code Ann. § 58.1-2270
in effect
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Any person who fails to keep or retain records as required by this chapter shall be subject to a civil penalty. The amount of the civil penalty assessed against a person for his first violation shall be $1,000. The amount of the civil penalty assessed against a person for each subsequent violation shall be $1,000 more than the amount of the civil penalty for the preceding violation. 2000, cc. 729 , 758 .
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://law.lis.virginia.gov/vacode/58.1-2270/Fetched: 10/16/2026

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