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Virginia Law

Code of Virginia

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Code of Virginia
Title 58.1. Taxation
Chapter 42. Fantasy Contests
10/10/2026

§ 58.1-4204. Independent audit required; submission to Department. (2026 updated section)

An operator that has been issued a permit shall annually (i) contract with a certified public accountant to conduct an independent audit, consistent with the standards accepted by the Board of Accountancy; (ii) contract with a testing laboratory recognized by the Department to verify compliance with the provisions of subsection D of § 58.1-4202; and (iii) submit to the Department a copy of such reports required by clauses (i) and (ii).

2026, cc. 565, 566.